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Title:
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China Needs Its Friend The Philippines More Than The Philippines Needs China
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Author:
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Ralph Jennings
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Source:
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Forbes
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Date:
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April 20, 2017
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Description:
- It's easy to say Philippine President Rodrigo Duterte needs help from China for his country’s development in exchange for laying aside a maritime sovereignty dispute. In October Beijing pledged $24 billion in aid and investment for the country where a quarter of the 102 million people lives in poverty. And after years of friction, Beijing now firmly controls Scarborough Shoal, a major South China Sea fishery coveted by boats based out of the Philippine island Luzon just 220 kilometers away.