China loans - updates

Rappler's latest stories on China loans

ARTICLE FINDER

China debt trap? Opposition bets say PH at 'losing end' of 'onerous' loans

Apr 27, 2019 - 7:58 PM

'Ang mahirap sa sinasabi ng pamahalaan na hindi pa ito done deal, hihintayin pa ba natin na matapos ang kontrata saka tayo magrereklano? Aanhin mo pa ang damo, kung patay na ang kabayo?' says Otso Diretso's Romulo Macalintal

STUDY CHINA DEALS. Opposition senatorial bets oppose the China deals as is. Rappler file photos by Angie de Silva and Darren Langit

[OPINION] Part 2 | Road to damnation through Chinese-funded dams

Apr 13, 2019 - 9:00 AM

We predict that future administrations will have to cancel the Kaliwa and Chico projects and default on the Chinese loans, which will result in the Philippines being sued by China in arbitration proceedings that have been designed to favor the creditor

Poe: Release 'made in China' loan contracts in full for public scrutiny

Apr 02, 2019 - 5:05 PM

(UPDATED) 'We can begin the review process by releasing in full the loan agreements, including annexes and minutes of the meeting of the reviewing and approving bodies,' says reelectionist senator Grace Poe

RELEASE DOCUMENTS. Reelectionist senator Grace Poe calls for a review of China loan agreement documents. File photo by Angie de Silva/Rappler

Fearing default on China loans? You have 'no faith' in PH – Dominguez

Apr 02, 2019 - 4:05 PM

'The Philippines has no history of defaulting on its loans. So why are people saying now that we will default? They have no faith in the Philippines?' says Finance Secretary Carlos Dominguez III

Panelo changes tune on loans: From 'no say' to 'equal footing' with China

Apr 01, 2019 - 7:20 PM

A week ago, Presidential Spokesperson Salvador Panelo had said the Philippines had no say in the loan agreements with China as it is merely a borrower

President Rodrigo Roa Duterte greets Chinese Ambassador to the Philippines Zhao Jianhua on the sidelines of the International Department of the Communist Party of China Central Committee head Song Tao's courtesy call on the President at Matina Enclaves in Davao City on March 27, 2019. RICHARD MADELO/PRESIDENTIAL PHOTO

Made in China: Loan terms with waivers, shrouded in secrecy

Mar 27, 2019 - 7:35 PM

Rappler reviews loan documents for the Philippines' infrastructure projects and finds that China is demanding more than others and wants deals kept opaque

[ANALYSIS] How the Philippines fell for China’s infamous debt trap

Mar 27, 2019 - 2:13 PM

Duterte himself fell for China’s debt trap – hook, line, and sinker – and in the process put at risk the country’s natural resources and strategic assets

What are patrimonial assets? Lambino rejects China debt trap fears

Mar 26, 2019 - 1:15 PM

Finance Assistant Secretary Antonio Lambino implies that the Philippines would not lose the gas-rich Reed Bank, as it is not considered a patrimonial asset

LIVE: Senate hearing on China loans

Mar 05, 2019 - 9:07 AM

Watch the hearing live on Tuesday, March 5, at 9 am


Samoa rejects China Pacific debt forgiveness call

Aug 20, 2018 - 6:12 PM

Samoan Prime Minister Tuilaepa Sailele Malielegaoi says asking for aid loans to be forgiven painted an 'unfaithful picture' of the recipient nation

REJECTING. Samoa's Prime Minister Tuilaepa Aiono Sailele Malielegaoi addresses the closing press conference of the Commonwealth Heads of Government Meeting (CHOGM), at Marlborough House in London on April 20, 2018. File photo by Daniel Leal-Olivas/AFP

Sri Lanka secures $1 billion Chinese loan

Aug 03, 2018 - 10:44 PM

Central bank Governor Indrajit Coomaraswamy says that first half of the loan will be released later this month and the balance will be received in October

LOAN. The new governor of the Central Bank of Sri Lanka Indrajit Coomaraswamy addresses reporters at the Central Bank in Colombo on July 5, 2016. File photo by Ishara Kodikara

China denies 'debt trap' in grants for Philippines

Jul 17, 2018 - 8:10 PM

'I think your economic team is smart enough,' says Chinese Ambassador Zhao Jianhua

CLOSER TIES. Chinese Ambassador Zhao Jianhua whispers to President Rodrigo Duterte at the groundbreaking of the planned Binondo-Intramuros bridge on July 17, 2018. Photo by Ben Nabong/Rappler

Sri Lanka moves navy unit to Chinese-run port

Jun 30, 2018 - 10:07 PM

Colombo's announcement will likely raise fresh concerns in New Delhi over China's military potentially getting a foothold in the Indian Ocean through the deep-sea port of Hambantota

CHINA-FUNDED. Sri Lanka will move its southern naval command to a port leased to a state-run Chinese firm but China will not use it for military purposes, the prime minister's office said June 30. File photo by Lakruwan Wanniarachchi/AFP

Philippines 'extra careful' with China loans – NEDA

Jun 27, 2018 - 4:30 PM

Socioeconomic Planning Secretary Ernesto Pernia says he is well-aware of the experiences of countries like Sri Lanka which fell into Beijing's debt-trap diplomacy

China denies seeking PH resources as collateral

Mar 10, 2018 - 11:34 PM

'Our assistance and support to the Philippines are provided with no strings attached,' says Chinese Foreign Ministry spokesperson Geng Shuang

LOANS. China clarifies that it does not ask for natural resources as collateral in its loans to the Philippines. Rappler file photo

Under fire over sea row, China woos ASEAN with $10B in infra loans

Nov 23, 2015 - 12:23 AM

China offers to boost trade and economic ties with ASEAN as the Philippines US Japan and India raise the South China Sea row during the ASEAN summits

MONEY DIPLOMACY. Chinese Premier Li Keqiang urges ASEAN to boost its trade and economic ties with Beijing during ASEAN-China Summit on November 21, 2015. Photo by Fred Dufour/AFP