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3Novices:Philippines looks beyond China to fund massive infrastructure needs

The Philippines will look beyond China to fund a massive infrastructure programme that Manila hopes will go a long way to advancing its economy, according to ­senior Philippine officials.
On the sidelines of the belt and road forum in Beijing on Monday, Philippine Finance Secretary Carlos Dominguez said China had committed around US$9 billion to projects in the Philippines that would start soon. But that was well short of the US$167 billion needed for the building programme.
Dominguez said…
May 16, 2017 at 05:30AM http://ift.tt/2qlRMXm
#3Novices #News #OnlineMedia #China 3Novices China

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