China makes its "partner"s loan slaves, also they say its mandatory to do the build process by chinese too, for very expensive, and low quality. We see this in hungary.
I’ll make sure to get the British or Americans to build it instead.
How much are HS2 and CAHSR expected to cost, again? How many decades of delays?
Loans were funded in the Duterte era when relations between China and the Philippines were much more friendly than they are today.
started discussions with other Asian countries for alternative financing deals.
The only other Asian countries with the tech and the money to do HSR are Japan and maybe Occupied Korea. Neither of those are exactly flush with cash at the moment. I also doubt either of them would be able to do it at the same price as China is offering either.
They are both flush with cash, it’s just concentrated in the hands of their ruling class.
Congrats Philippines
Not a surprise considering China has been pissing off its neighbors by stealing territory around the south China Sea and they pretty much moved to the coast of the Philippines with that.
This is interesting.
Good. China treats their citizens like shit. It’s not okay.
Yeah, how dare the CPC deny 800 million Chinese people the right to wallow in poverty?!
If China treats their citizens like shit, while “civilised” prospered westerners have to struggle with housing, food and oil/gas prices, then maybe the definition of prosperity and shit has been reversed by clowns like you. The delusion is peaking.
Phillipines continue to destroy their future by simping for the white man’s burden, just like Japan and South Korea. Will they ever grow beyond being a housemaid factory for neighbouring countries? Its very sad, because once they fall into the trap of IMF leeches, its joever.
