Fractured Alliances: The Unyielding Appetite for Chinese Cash in the Philippines The recent maritime dispute between China and the Philippines might have led to a cooling of diplomatic ties.
However, a closer look at the numbers reveals that commercial considerations remain firmly rooted in Beijing's calculus when it comes to investing in Manila.
AidData's research shows that despite the high stakes standoff over territorial claims, Chinese capital continues to flow into the Philippines with alarming regularity. A striking example is the $3.