• Tankiedesantski [he/him]
    ·
    1 year ago

    started discussions with other Asian countries for alternative financing deals.

    The only other Asian countries with the tech and the money to do HSR are Japan and maybe Occupied Korea. Neither of those are exactly flush with cash at the moment. I also doubt either of them would be able to do it at the same price as China is offering either.

    • broface@lemm.ee
      ·
      1 year ago

      They are both flush with cash, it's just concentrated in the hands of their ruling class.

  • zephyreks@lemmy.ml
    hexagon
    M
    ·
    1 year ago

    Loans were funded in the Duterte era when relations between China and the Philippines were much more friendly than they are today.