News Snapshot:
The Chinese embassy in Manila said the Asian giant is ready to help the Philippines with its infrastructure push days after a Transport official said several China-backed railway projects had remained unfunded. In a statement, the embassy said “China has comprehensive strength and is well-known for its quality and speed.” “China will tap its own advantage and support the Philippines to improve its infrastructure,” the embassy said. This comes days after Undersecretary Cesar Chavez of the Department of Transportation, said the Laguna-Bicol, Subic-Clark, and Mindanao Railway projects, which were all backed by China, were stalled because China had yet to...
