News Snapshot:
The Philippines will get more aid and investment from China, Chinese officials say, as analysts believe assistance given so far has failed to meet Filipinos’ expectations and Beijing doesn’t want the Southeast Asian country to depend too much on the United States, China’s rival.“China is willing to work with the Philippines to implement more cooperation projects and allow the people in both countries to benefit more from bilateral cooperation,” the Chinese Foreign Affairs Ministry said in an August 27 statement issued after a tele-summit between Chinese President Xi Jinping and Philippine President Rodrigo Duterte.According to the statement, Xi added that...
