Philippines turns sights on China for investments
The country seeks billions of dollars in infrastructure investment from Beijing in the coming months
WASHINGTON — Philippines President Rodrigo Duterte will seek billions of dollars in infrastructure investments from China in the coming months as the country seeks to alter its relationship with Beijing, Philippines Finance Minister Carlos Dominguez said on Saturday. In an interview with Reuters, Dominguez dismissed concerns over the Philippines’ investment climate raised by Duterte’s blunt anti-US statements and a war on drug cartels that has killed thousands. He described Duterte’s recent comments telling US President Barack Obama to "go to hell", as a "bump in the road" in a century-long relationship with the US.
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