Senators not buying Palace assurance on China loan

Credit to Author: besguerra| Date: Tue, 26 Mar 2019 23:23:40 +0000

MANILA, Philippines — Senators on Tuesday expressed concern over the country’s loan agreement with China for an irrigation project in which the Duterte administration used “patrimonial assets” as collateral that could be seized by Beijing if the government defaulted on its payments.

The post Senators not buying Palace assurance on China loan appeared first on Inquirer News.

Read more