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Title:
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China promised Duterte US$9 billion. He’s had only US$924 million in loans and grants. Why?
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Author:
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Raisa Robles
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Source:
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South China Morning Post
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Date:
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October 26, 2019
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Description:
- China and the Philippines signed six deals last week that boosted Beijing’s funding for the Southeast Asian nation to a total of US$924 million, but the amount is a long way from the US$9 billion pledged in 2016. The discrepancy has left critics asking what Philippine President Rodrigo Duterte has to show for his policy pivot to China, which he previously touted as a boon for trade and tourism.
