The government will designate an inter-agency body as the focal point of Philippine economic relations with China, particularly in dealing with potential Chinese investors, a Cabinet official announced Wednesday. So those are the projects as I mentioned for the China ODA pledges,” he added. Besides government-to-government projects, Dominguez noted President Duterte’s state visit to China in October also resulted in huge private sector deals. “There were $15-billion worth of private business-to-business or private sector to private sector in China and these involve projects like a hotel chain opening here in the Philippines. There are also projects for the development of infrastructure in the Clark Green City area,” he said.

Source: Manila Times November 02, 2016 17:07 UTC