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Title:
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China Hasn’t Delivered on Its $24 Billion Philippines Promise
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Author:
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Jason Koutsoukis and Cecilia Yap
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Source:
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Bloomberg
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Date:
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July 26, 2018
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Description:
- Almost two years after China pledged $24 billion in investment to the Philippines, barely any projects have materialized, prompting deepening concerns that President Rodrigo Duterte has undermined the country’s sovereignty with little to show in return.