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.
They are both flush with cash, it's just concentrated in the hands of their ruling class.
Loans were funded in the Duterte era when relations between China and the Philippines were much more friendly than they are today.
Yeah, how dare the CPC deny 800 million Chinese people the right to wallow in poverty?!
They simultaneously treat their citizens like shit but also have one of the best public infrastructure in the world, including 2/3 of the entire network of HSR. Something does not add up.
but have you considered communism bad 100 billion
Good. China treats their citizens like shit. It's not okay.
source: cold war bullshit that anyone with self-awareness can see from a mile away
mfer i hope they choose america because they will drain you dry and get fuck all done