Title:

 China Hasn’t Delivered on Its $24 Billion Philippines Promise

Author:

Jason Koutsoukis and Cecilia Yap

Source:

Bloomberg

Date:

July 26, 2018

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.