BIZ-ECONOMY: MANILA – Foreign investment pledges plunge for the Philippines

Philippine President Rodrigo Duterte has gravitated towards cooperating with China and Russia, instead of the United States and the European Union.PHOTO: AFP

MANILA – Foreign investment pledges to the Philippines plunged by half last year (2017) in what some analysts saw as a sign that Asia’s second-fastest-growing economy may be losing its sheen as President Rodrigo Duterte continues to pivot away from traditional allies. ..  read more:

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