Who Benefits from China’s Loans and Grants to the Philippines?

Concerns have been raised on what the country has to give up for Chinese assistance. Aside from the effects of Chinese loans on the Philippine debt burden, there are warnings of a possible imbalance in the deals, as China would be providing everything from the banks and investment money to the materials and industry. Some have also connected President Rodrigo Duterte’s friendlier mining stance to the relationship with China, as the country is a major source of nickel ore. Background…

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