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Title:
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China's debt-trap diplomacy reaches the Philippines, which is likely to accept Chinese loans 1,100% more expensive than other options
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Author:
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Tara Francis Chan
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Source:
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Business Insider
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Date:
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March 6, 2018
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Description:
- The Philippines is close to accepting Chinese loans that are up to 1,100% more expensive than those from Japan, in another instance of China's debt-trap diplomacy.
