Belt and Road: Will China, Japan fall flat in the Philippines?

Beijing and Tokyo's huge financial commitments to support the Philippines’ infrastructure glut may not immediately yield the business that they expect.

When it comes to playing rivals off against each other, Philippine President Rodrigo Duterte has not only won the headlines but more importantly a good proportion of foreign direct investment budgets. In the last year alone rivals Japan and China have committed multiple billions towards Duterte’s “Build, Build, Build” infrastructure policy.

¬ Haymarket Media Limited. All rights reserved.

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