Dogged by red flags and territorial clashes, China-funded projects in Philippines hit snag

MANILA – The Philippines has

pulled out of talks with China for the funding of three ambitious railway projects,

but the government on Nov 16 refuted talk that it was exiting Beijing’s Belt and Road Initiative (BRI).

The Department of Foreign Affairs said the Philippines is still part of the global infrastructure scheme, and reiterated that a new memorandum of understanding on the BRI was signed during

President Ferdinand Marcos Jr’s state visit to China

in January 2023.