Duterte leaves China with 24$ Billion

[Saka]

Philippine President Rodrigo Duterte will bring home $24 billion worth of funding and investment pledges from his four-day visit to China as both nations agreed to resume talks and explore areas of cooperation in the South China Sea.

China will provide $9 billion in soft loans, including a $3 billion credit line with the Bank of China, while economic deals including investments would yield $15 billion, Trade Secretary Ramon Lopez told reporters in Beijing on Friday. Preliminary agreements in railways, ports, energy and mining worth $11.2 billion were signed between Philippine and Chinese firms.

"China is not only a friend. China is only a relative, but China is a big brother," Communications Secretary Martin Andanar said in Beijing, adding that while U.S. had been like a father for the Philippines, it was time to move out of the house and “decide for ourselves.”

1. China continues it use of economic soft power to project influence vis-à-vis the more American-centered approach of Military hard power.

2. Duterte is laughing straight to the bank, he managed to secure more for his nation in one move than his predecessor did in his entire 6 year tenure

http://www.bloomberg.com/news/articles/2016-10-21/china-visit-helps-duterte-reap-funding-deals-worth-24-billion

 

[Bawon Samedi]

China knows what its doing in both Asia and Africa. Just smart.

 

[ⒶⓁⒾⒶⓈ]

Brilliant move...they get infrastructure and investment with no political meddling....

 

[☑︎#VoteDemocrat]

Brilliant move...they get infrastructure and investment with no political meddling....

you have to be an idiot of the highest order to think those came with no strings attached

 

[ⒶⓁⒾⒶⓈ]

you have to be an idiot of the highest order to think those came with no strings attached

And you have to be a special kind of short bus rider to understand Chinas strings are just about making money...and clearly a better option for Duterte

Rather than get bent over and force military bases down their throats,Structural adjustment austerity,Meddling in elections,Backing rebels,Islamists and Nazis

 

[☑︎#VoteDemocrat]

And you have to be a special kind of short bus rider to understand Chinas strings are just about making money...and clearly a better option for Duterte

Rather than get bent over and force military bases down their throats,Structural adjustment austerity,Meddling in elections,Backing rebels,Islamists and Nazis

China is about to, and does, do the same thing

Its like y'all forgot about Vietnam, Korea, and countless other events in the region

 

[ⒶⓁⒾⒶⓈ]

China is about to, and does, do the same thing

Its like y'all forgot about Vietnam, Korea, and countless other events in the region

Not sure if serious...or completely ignorant of history and geography

Vietnam,Korea....China intervened BECAUSE of the US setting up puppet governments...you forget they are next door to china..you think America would let Putin set up shop in Mexico

and what "other incidents"

 

[Darth Nubian]

Not sure if serious...or completely ignorant of history and geography

Vietnam,Korea....China intervened BECAUSE of the US setting up puppet governments...you forget they are next door to china..you think America would let Putin set up shop in Mexico

and what "other incidents"

Your proving his point

 

[ⒶⓁⒾⒶⓈ]

Your proving his point

How so...my argument was they get money without political meddling..his argument was that china DOES meddle...that is interfere in or busy oneself unduly with something that is not one's concern.

Does Chinas entry into the Vietnam war count if its in reaction to Americas meddling or is it simply helping out a neighboring country being destroyed by foreign agitators...

Is it that hard to see it became their concern on humanitarian and political grounds once the violence and potential to set up hostile regimes next door became real?

 

[TLR Is Mental Poison]

you have to be an idiot of the highest order to think those came with no strings attached

I'd rather a loan with stipulations than to be the US' anti-China puppet

New infrastructure is worth way more to anybody than some more US military bases for a war nobody wants. It's like we haven't changed our foreign policy since 1946

 

[TLR Is Mental Poison]

China is about to, and does, do the same thing

Its like y'all forgot about Vietnam, Korea, and countless other events in the region

If China's offering them a better deal, why shouldn't they take it?

 

[☑︎#VoteDemocrat]

If China's offering them a better deal, why shouldn't they take it?

But I want things my way

 

[Ill Lou Malnati]

*books a flight to China*

 

[☑︎#VoteDemocrat]

...

 

[TLR Is Mental Poison]

But I want things my way

Glad you are able to finally admit it

We can't bully our way into lopsided allegiances anymore..... people have options. We can poke fun at Russia's economic shambles or China's long term issues and ghost cities..... but it's not like we have all our shyt together either

These hoes choosing bruh