Government to Vet Chinese Firms Investing in Philippine Projects

President Rodrigo Duterte has tapped the Investment Coordinating Committee (ICC) of the National Economic and Development Authority (NEDA) to vet companies seeking to forge deals with the government following reports that Chinese firms with dubious reputations want to invest in key projects. Chinese firms that were either blacklisted by the World Bank or were tagged in questionable deals were among those who vowed to…

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