The Philippines Waits for a Chinese Windfall
Jan 2, 2019 | 10:00 GMT
(TED ALJIBE/AFP/Getty Images)
- China's pledges to improve the Philippines' infrastructure on a massive scale have not come to fruition, but the investment might not come unless Manila rectifies some of its internal issues.
- Despite the comparatively low levels of investment from Beijing so far, Chinese entities are likely to be more amenable to funding projects in the Philippines' distant provinces than their Western counterparts.
- As the Philippines deals with internal issues, the countries' mutual political will means Manila and Beijing will likely pursue closer infrastructure cooperation during the second half of President Rodrigo Duterte's term.