China lends investments to developing countries: OMG DEBT TRAP DEBT TRAP NEO COLONIALISM!!!!111 China doesn't lend to developing countries: OMG CHINA LIED CHINA BROKEN PROMISES CHINA BAD!!1111 Make up your mind bruh
The Philippines want to play China against the US. The Chinese are no fhools and will not allow itself to be used, manipulated Instead China played out the Philippines. Its not a matter of time but real intent. China knows the Philippines being a former colony of the US will go back to the US. As events have shown.
its just that in the Philippines, there is this stupid mindset that, China is like everywhere in the Philippines, example , people getting woked with loans/investment we have from china.. i mean what the heck, They are hyping china so much so the media can politicize it and instigate hate towards the government.. hyping such as promises.. i mean really.. we should just focus our attention and appreciation towards Japan... as u said china, isnt even our top investor.. so why the hype?
Building railways in Luzon is a smart move, and the links between Manila Airport and Clarke; and also Clarke to Sual Freeport are now considered both critical and viable. Clearly the Philippines should look to Japan rather than China for loans without political entrapment.
Agreed. Not only Japan has the most effective and fastest railway and train in Asia and in the world, Japan also has a good relationship to the philippines.
@@chinacoolai422 ironically, Japan does do loans to the Philippines cause they want to take credit of their country's mistakes towards the Philippines in WWII when they invaded the Philippines. The countrymen of the Philippines do not want to form an alliance with China especially because it contradicts the strong relations between the Philippines and the United States. The Philippines currently having relations with China and Russia was all because of former president Duterte and not the people.
Why the hell philippines is even loaning…???? Isn’t that country got enough resources to generate money of there own???? no wonder why that country is just getting invaded over & over again 😑
This post seem to forget that 2 years out of the 6 years was considered as a "void" period due to the global pandemic. People seem to be already forgetting this
HAY NAKU NABUDOL TAYO NG TUSONG CHINA. HUWAG NA KASE TAYONH UMASA DIYAN SA MGA INTSIK NA HARI SA PANGBUDOL. HINDI PA TAYO NAUTO. MADALI KASE TAYO MAGUYO. WE HAVE TO LEARN FROM THESE MISTAKES.
I have travelled a lot with work and I have seen what "developing a country" does for the people of that country on the whole.... not a lot of good has been my observations. The usual top 5% of the rich get wealthier, but the vast majority face higher taxes and cost of living.... Brasil, Azerbaijan, Mexico, indonesia and philippines (i have lived here 16 years), Azerbaijan Baku in particular might have been a shabby run down city in 2003, but investment has now placed living beyond the reach of almost anyone if not involved in the oil industry.
@@grahamhill9770 You need many forms of investment to develop a country. The Philippines suffers from having excellent natural resources but having no industries to utilise them in the making of other products. No products because no factories because no investments and therefore no jobs. They sell raw materials to foreign countries as raw materials and, like oil, only those extracting, refining and transporting the oil benefit. Those from Western countries could only look on in utter disbelief at the people voting for a Marcos as president. Nothing's going to change in Phils any decade soon.
If Japan can lend the said amount why not? The problem is they can't, that's why Philippines has to look for another option, and only China is willing to invest.
@@rahulmaron You are correct. Japan wants to but they have a law that they have a budget of how much they can lend to any given nation at a certain time. Fortunately, France is interested among other western nations. I would rather it goes to India, SK and Indonesia if we have exhausted Japan.
Our partnership in building more infrastructure in the Philippines is Japan and south korean not China and we Kew already what China want from the Philippines.
Infrastruktur project in Indonesia worked by national company such as WIKA and adi karya in highway,bridge and LRT....our state own company have enough skill to build such infrastruktur with local supply in cement and stell....its vertical integration.. ....our fiscal budget in infrastruktur not only from foreign debt but also from local bond issue ...our dependency on china just in downstream technology in nickel processing..but in future that's would be ease with more investor coming in
China will never do favors for anyone unless they immensely benefit from it(politically and financially). SE Asian and African nations should consider who to partner up if they want to keep their independence
If not for territory issue Philippine can abandon its US leaning policies. Since China is closer to home sadly geopolitics put the Philippines and China against each other.
China wants a 50-50 split in WPS natural resources and also wants their own regulations implemented in developing the area, so the Philippines didn't accept the deal because it was Philippine territory, which is why this investment didn't materialize. They give loans in exchange for natural resources-what the heck is that? That's greedy as hell. Philippines will be in debt to China for a long time with their resources having been extracted for free by China. It will be a double black eye for the Philippines. That is why it is a good thing that it didn't materialize.
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US. Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
You need to read literature on territorial sea, EEZ and international waters. Philippine territorial waters is only 12 miles out from shore. Our EEZ which is still in contention as the arbitration case wasn't participated by china is 200 miles from the end of our territorial waters to 200 miles out. Our EEZ is not our territory, it is international waters, we only have special rights to develop and exploit the natural resources in that area.
@@rap3208Yeah, it's not our territory, but it is our water. So the function is the same, and we need to protect it because it's ours. Even though it is in international waters, control of those is awarded to our country. All of the Philippines' natural resources, including oil, gas, and marine resources, are owned by the country.
The Philippines does not have the manpower with the necessary skills to operate China's machines. Fishermen cannot overnight drive complicated machines or communicate with the Chinese management. Please don't expect the Chinese management to speak and communicate with the Philippines in their own language, yet complete the project timely. Do you want the cake and eat it too. You are too greedy.
I loved how one of Duterte's most famous campaign quotes was him saying "he'd ride to the islands himself on a jet ski" to protest china's takeover of the islands. The people NEVER forgot that one and relentlessly mocked him on social media during his interactions with China.
Filipinos need to stop putting all of the blame on corrupt politicians who sell out their countrymen. Filipinos need to do their part and stop giving up their soft power. There are loads of Filipinos promoting Chinese martial arts, products and culture. There are maybe 3 dishes that has Chinese influence yet, Filipino cuisine is touted as being influenced by China. Filipino rarely realize Filipino Martial Arts yet can tell you a lot about Chinese martial arts and even call themselves Chinese martial arts teachers. Loads of other incidents of Filipinos giving up their soft power to China. Filipinos stop blaming corrupt politicians who sell out to China and retake your soft power.
@@nsevv They first have to admit it was taken. They will argue with you all day and night that it wasn’t taken from them and some will want to fight you. Afterwards, they’ll meet their friends at Chow King or some Chinese restaurant to hang out because a local carinderia or sisig isn’t good enough.
reminders don't go with some Americans ..iba yun dugong Asian..mga puti mga traydor yan..sooner or later .iiwanan ka na..either in life styles or bzness...
In a bid to build an additional dam, for the Philippines, South Korea and Japan had stipulations to rehabilitate the affected area while China doesn't have any regard for the environment. China's cost is also higher than the two countries. In this regard, it is more than ok that China doesn't fulfill their promise.
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US. Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
@@milomilo417 lol. That's a round about way of saying Philippines will be part of China right? I have no need to spite the US. One country, many culture - that's Philippines already. And no, China will not develop Ph to spite US. It would steal from our natural resources but make it seem like we owe them for developing our infrastructure. We are tired of poverty but we keep on for family. China's familial culture is different from ours. Marriage is more for convenience than romantic. Our religious freedom will be curtailed. They would promote abortion and take our freedom. The list goes on that even their youth do not want to do anything anymore. You just have to look them up to know that the Philippine culture could never adopt communism. It would be misplaced pride if we take pride from something handed to us as opposed to something we have achieved ourselves. What we need are academicians and not politicians in government. People who know and will advance research and development, knows strategic planning and so on.
@@chinacoolai422 Good to hear, is that why the Chinese government are more interested in merging Taiwan than any other countries? Though I can't really understand the motive of the Chinese government occupying the Philippines "Economic Exclusive Zone" waters and lands. Can you explain that? You can say it's china's historical claims which I perceive as an invalid excuse. Which is why chasing away filipino fishermens is not something the Philippines will ignore. And making artificial islands on the waters to rightfully claim it is just an inconspicuous invasion, not for merging but for stealing away from the natives...
It's a blessing that the promised loans from China didn't materialize hence we are in no danger of the so-called China debt trap. (Anyway, who needs tofu-dreg projects that collapse sooner or later?) Also, Japan has always granted the Philippines soft loans for decades already and I don't see it ending anytime soon. Let's not forget that Japan is also morally indebted to the Philippines for war reparations and, in effect, it's Japan's way of making up for it, postwar. Besides, the Philippines has a sterling credit record that makes it an attractive country to invest in and grant loans to. And, NO, China didn't fool the Philippines coz we didn't succumb to the China debt trap.
if your saying that Japan is indebted to the Philippines for war reparations how about Spain they invaded the Ph and stayed for about 300+ years. so dont make it a reason bc theres another country which is most accountable for
@@nsevv Your comment seems confusing. SCS is ours, as arbitrated by an international court and no one can take that away from us. As of now, we aren't as strong militarily as we should be in order to deter China's aggression in the area. And what is your basis to conclude that those were "useless loans that went to the pockets of corrupt officials"? You must be a Duterte hater that speaks from emotions rather than facts, the same haters that believe Duterte has sold the Philippines to China. This video has just proven you wrong - we didn't fall for the China debt trap under Duterte.
@@psyyy143 Spain didn't intentionally bomb cities, destroy properties, rape women, and massacre innocent civilians. Instead, it left noteworthy legacies that make us what we are today - churches, religion, culture, and western civilization in general. I don't think Spain's occupation may be compared to Japan's. (On a silly note, the Spaniards improved our race, too. The Japanese race? Never mind! LoL!)
A big reason is that when examined by financial bureaucrats, a lot of the BRI loans were rejected by the Philippines as having too many onerous conditions and very high interest rates. An example would be the insistence on the Chinese side that any dispute be settled exclusively in Chinese courts.
China will provide the loans IF the Philippines complies with the demands of the CCP with their oil exploration & teritorial demands but the duterte's administration didn't agree to the demands they then threaten to back out of the loan pledges to force the Philippine government to submit to china but the administration didn't budge so they just continue the projects that they already started when talks are still ongoing and didn't fully comit when the talks aren't going anywhere.
This is what I'm talking about. China wants a 50-50 split in WPS natural resources and also wants their own regulations implemented in developing the area, so the Philippines didn't accept the deal because it was Philippine territory. They give loans in exchange for natural resources-what the heck is that? That's greedy as hell. Philippines will be in debt to China for a long time while their resources also having been extracted for free by China. It will be a double black eye for the Philippines. That is why it is a good thing that it didn't materialize.
@@JC0820 I knew it was a one-sided scheme by China to begin with. If Philippines agrees (though unlikely) then China wins. If Philippines wants to negotiate, China still wins as it dangles the loans in front of Duterte's administration and expands its man-made islands and bullies the fishermen. All the while Duterte is being soft and kissing up to China and thumbing his nose distancing his relation with the U.S. (Obama). Scheming China wins with the Duterte presidency. A "win-win" deal or agreement with China means China wins twice as they often say.
@@DanKann86 Anyway, developing the WPS can't be done without any foreign investors because the Philippines' technology is not capable of exploring the oil industries at this moment, so they still need other countries to do it, whether it be China or other countries, so yeah. Any country that is chosen by the Philippines will win, but the China deal is unacceptable, hence why the people didn't agree with it and why the government cancelled it.
@@JC0820 What I meant is that China's intention was never for the mutual benefits of China-Phil. I was meant to take full advantage of the new administration in softening or weakening the strong stance set up prevously by Aquino III on the SE Sea. It also weakened ASEAN resolve to condemn China actions.
@@DanKann86 Yes, it was a bold move by Duterte, but it also helped in a good way because he exposed the real motive of China in investing in so many infrastructure projects in the country.
Common wealth of US is much better for Poor Filipinos. Many Americans and Filipinos died for Philippines during 1st and 2nd World War, Now Philippines is Independent many poor people have no medical benefits and poor social security due to corruption system. Until now Americans help us specially in Security and Free medication for poor Filipino. There are 4.5 million legally FILIPINO- AMERICANS leaving in States now 95% of them sending money in there Family back at home $35,000,000,000 per anumn it is 10% GDP It is good for Economy of the Phil. I have been in USA before very nice people and good policy of Goverment and good benfits for Americans Citizen which We don't have in the Philippines. Thank you Americans for all your support for poor Filipino fishermen. Thank you President Marcos, Filipinos are very proud of you Mr. President.
Good we never borrowed that much so we didn't fall into a debt trap. The threat that we would lean towards China for loans needed for infrastructure to address climate change opened the doors of other creditors to access more loans than our credit rating allowed. Thanks to Duterte.
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US. Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
@@milomilo417 That happened to Nicaragua where firm believers in Liberation Theology won and installed a communist state as the kingdom of God in Earth (Ernesto Cardenal).
debt trap? its the loaner's first fault still borrowing huge money despite the fact that it is almost impossible for that country/government to pay the debt & the lender simply prey on that opportunity. u r very very very clueless... wat i can only see from you is ur stereotype towards our country, China (ex: China cannot be trusted, etc etc). before China, debt trap was already a practice by US & Russia. for US example, the debt trap comes into allowing US have military base or interfere with the country's politics. this was become unpopular. China, on the other hand, promised that it wont interfere with the country's politics. IN SHORT, you are choosing here the less devil. every investor or lender wants something back in return. nothing is free! so fucking naive
Dyk, Saudi promised to invest 10 bn $ in Indonesia but it cancel and just invest 450 mn $ for hotel in bali. After it cancel then saudi invest 100 bn $ to china 😎
Saudi Arabia invest in the upgrading of Cilacap Refinery. New Refinery im East Java with Rosneft of Russia ( more trusted than SA ). You can see why our president goes several times to Dubai ( UAE) then to Riyadh, becuase UAE is more committed to work with us. Saudi Aramco wants us only to import crude. That is why we move away gradually from SA to Russia with Rosneft, Lukoil etc
It will depend on political environment. If Philippines will become pro American by allowing US combat troops in the a Philippines then China should stop investing in the Philippines. Its China's money not Philippines.
With the West's launching of the Partnership for Global Infrastructure Investments, the war in Ukraine's effect on Central Asian stability, and China's horrendous financial outlook, its infrastructure investment aspirations in the Philippines is basically over. The Chinese will need to shore-up its Central Asian borders and will have to pivot towards it whether they want to or not since the consequences can be weighty if they don't. Try as they may, the Philippines is too firmly entrenched into the West's Asian bloc, and it will take far too many resources to dislodge it.
I hope they just give up on Ph. 50 cents army slowly poisoning the minds of Filipinos - planting the idea that it would be better if we become part of China and that they believe that historically, Phil was a part of China.
We need to account also how many originally approved or offered to China projects that were taken over by Japan and SoKor. Also, take note that there are very little projects funded by the West. Most of them are soft projects and not big ticket infrastructures. 2 years of pandemic also is a big factor in delaying many projects on the planning and the financing stages. We can only imagine how many projects could have been started and closed had there been no Covid in the last 2 years of PRRD's administration.
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US. Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
@@milomilo417 kahit magmakaawa tayo sa China na kunin tayo bilang probinsiya nila ay aayaw sila. ba't naman nila kukunin ang 115 million na pinoy na siguradong maging gulo lang sa bansa nila dahil aminin man natin o hinde aypuro amboy pa rin tayo.
PRRD wouldn't have entertained them anyway. He has a strong aversion towards the west. Meanwhile, BBM is considering France, US and other ASEAN nations. I am not saying that BBM is better but I do thank that he was able to withdraw that arms deal that PRRD made with Russia. The Phil military could have trouble with parts and others in the future as Russia's future is currently questionable. I think that the government should be transparent to the public about the projects, the bidding stipulations and so on. If they award the project to a country that is dishonorable, we should have a say afterall, these projects are paid for by our taxes.
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US. Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
@@milomilo417 so ur gonna say filipinos will have greater pride if democracy gets abolished, replaced by autocratic government whose primary goal is to control its citizen, limit their freedom, and surpass the US even though it's impossible?
@@milomilo417 I'm a filipino in a medium income family, and I declare that your statement is only based on individual opinion and I say the general masses wil disagree on this one. Democracy is a part of our lives, the freedom to choose, and liberty we experience everyday is one of the reasons why Filipinos can still smile in tumultuous times, something that Chinese citizens is deprived of.
Your ignorance on this matter leads me to strongly suspect that this is nothing more than rather poorly-crafted soft propaganda. First, if you genuinely meant to try and answer your (rather convoluted) question, your research would immediately lead you to the fact that China has also occupied and completely militarized sovereign Philippine territory in the form of the disputed islands in the West Philippine Sea. Their presence is purely exploitative, consisting entirely of military and commercial fishing vessels. Ports, deep-water harbors, naval guns, radar arrays, stealth ships, airbases, fighters, bombers, cruise missiles, soldiers and their housing are now less than an hours flight from Manila and critically, further pressurize the already tense West Philippine Sea. You fail to mention any of this and that is rather glaring, particularly because this is the answer to your question, but you ignore it because your approach is so sloppy, you've forgotten the ostensible purpose of your video. Despite taking some shallow shots at China, you actually end up defending them (with questionable facts) and even insisting that we accept the inevitable Chinese dominance of the global economy. Like I said, you are sloppy (and barely coherent by this point in the video). So, yes, China seems to have successfully fooled the Philippines for as you say, we have a few lousy bridges to show for it, while China has not only managed a land grab of Philippine territory that is largely considered to hide the worlds last big oil reserve (priceless to the virtually oil-less Philippines) but at the same time has snuggled right up to the Philippines and put a knife to her throat. You avoid covering how obvious this reality is, but the funny thing is, you might be surprised as Filipinos are incredibly crafty scammers in their own right, so who know? What I do know is that the rise of China is by no means inevitable and that another thing you are downplaying is the gravity of China's financial and not to mention social and cultural problems at this very moment. At its current course, the CCP will never achieve dominance, especially not when people like you are tasked with producing their propaganda. Furthermore, it stands to reason that their success will only be as shallow as their values. I mean, you never know, this could be the beginning of the end for the CCP.
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US. Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
Philippines surely didn't get fooled by China. I'm sure there were contracts and negotiations that didn't come to frutation. Specially, when there's a trouble brewing in south China sea.
Japan is more credible than China. The latter has been in history, Imperialist while Japan's imperialist dreams has gone due to its losses in WW II. Japan is indeed more trustworthy. Mabuhay and banzai!
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US. Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
I get your point, but I'm sorry to say that as someone who studied International Relations, this is unfortunately factually incorrect. Many scholars would actually describe China's contemporary rise of power as actually much less expansionist, especially compared to Western countries. Japan's colonial policies were much curbed after their defeat in WWII, absolutely. But as they're a military partner of NATO, I wouldn't call them a peaceful country either. They've sent troops during the Iraqi war, and have sent military resources to their allies in their many overseas military operations. Also, even if they diplomatically have maintained good relations with their former colonies, they absolutely are not charitable when it comes to international trade or big development projects like these ones. I'm not pro-China at all, I think their approach in South China Sea was a mistake. But let's not proclaim Japan as an innocent country either. ✌️
I would say China would have fooled the Philippines if the Billions it promised happened. With a sky high interest China charges to do business like what it did to Sri Lanka and Malaysia, the country would be brought down to its knees. Japan and Korea were a great choice.
We have that good leader again , you Will see the improvement of the Philippines to year of 2028 to 2050 ! China built buildings without residents ! The Philippines will show you how foreigners love the Philippines ! And he will fight for every inch of the Philippines ! All negotiations with China are all cut by the present government !
Philippines fucos to modernize their country. Such as building new infrastructure and the modernisation of military. The philippines economy now is stable with the growth of 7 %. I'm sure few years from now the philippines will be stronger, and about china the government have good relation to china even if they steal the land of ph. The philippines government fucos to improve the country than arguing with china who will turn to war just like ukraine and russia. If that will happen the philippines will difficult to start in the beginning, so we better shut up and allow our government to solve that issue. China is the stronger now but soon the philippines will be stronger than china.
Tanga m ....ang kailangan ng pinas ay hnd sugapang pinuno or magnanakaw at mas lalaong hnd kailangan ng pinas na pami pamilyang lahi na mgaagnanakaw ..ang kailangan nh pinas ay mga botanteng MGA HND OBOB NA KARAMIHAN NA NPKA DALING UTUIN AT PAIKUTIN ANG ULO
The Philippines would do better to streamline its sclreotic bureacracy and copy Vietnams ease of doing business to attract the thousands of compainies moving out of China. A once in a lifetime opportunity. Taiwanese, Chinese, and ohter companies exiting China could go to the Philippines.
China is already a developed country, their wages is not as cheap as it used to be. That is why they are concentrating in high tech/high profit manufaturing and encouraging their people to go out and build their low tech/low profit factories outside China (laos, Vietnam, africa, etc.).
Honestly, we are better off forging good economic cooperation with china. Asia is the future and the Philippines need to realign itself. I browse the comments section and can see lots of people who have a very negative opinion about china which i only assume came from western propaganda.
Philippines people don't hate China too much. You don't know what government doing actually. China business is pure business.. US+EU business must be included political and will control your country. Philippines being Wise.. not just you have a problems with China but they try to being Wise. 🇮🇩❤️🇵🇭
Philippines have a big headache with china as a nuisance neigbor. Even though it's a thousand miles away, china claims and encroach on the Philippines's EEZ, according to their fake nine-dash line map lol.
@@krizzyDeleon1850 Not just Philippines there is 6 other countries that problems with China in South China Sea including Indonesia. but they are doing soft way. I saw just Indonesia dare to head to head with China in South China sea, so let Indonesia act. But they also keep trade and diplomatic continues because you can not developed without China goods (like or not). Don't push your government to doing wrong, like Ukraine.
@@derykhawkins2199 They have a hand in every shady dealings in the world. They harass and threaten other countries to make them subservient to ch*na. If those doesn't work, they start their black propaganda againts the country who resists.
@@dangdut1 Philippines is also doing the " soft way". We don't war, but if our sovereignty is being threatened, then like Ukraine we have no choice but to fight. Let's hope it won't come to that.
Duterte might have done good in some areas of governance in the Philippines by failed miserably in international diplomacy by cozying to closely to China , who was making a fool of Duterte n him not realizing China's real motive of a debt trap..just like what happened to Sri Lanka n other countries as well..
I THINK ... China was worried the Philippines would fall into its "DEBT TRAP". So I think China did the RIGHT THING by spending her money somewhere else... where her patronage is more appreciated. I still think the same today. The Philippines 🇵🇭should rightly LOOK TO GENEROUS UNCLE SAM for $$$, which is "debt trap" free.
The story is that the Philippines cancelled the agreement with China to explore the natural resources in the West Philippine Sea; China wants a 50-50 split and their local regulations will be implemented in the area; it's like it was their own territory, which is why the Philippines cancelled the deal; as a result, China didn't push for these $ 11 billion pledges to materialize.
No one will invest here as long as we have 60-40 foreign ownership in the Constitution. Remove this and we will have much investments that will create jobs for everyone.
Lol 60-40 ownership is already removed, but not on owning a business in the aspect of the natural resources of the country or other public utilities like energy, telecommunications, and security. The natural resources of the country are for Filipinos, not for businessmen. If you gave them 100% ownership, how can you be sure that the Filipinos will benefit from it? Come on, better research your facts.
Yep. It was never been fulfilled, but it is not a big issue for filipino. It is better to not have a debt to china. China is not trustworthu anyway. Who knows if philippines fail to pay the interest china would just grab philippine properties just like what they did to other country. Also the conflic in west philippine sea
Sila ang mura at mabilis matapos mga project. Subukan mong umutang sa IMF at parang dadaan ka pa sa karayom bago ka pautangin - kung pauutangin ka. may mga political at economic conditions pa silang i-impose sa atin na kailangang gawin natin para makonsider na pautangin. lastly, mahal ang interest nila.
@@sataniseddie the term is "debt trap" an act of predatory loans of china to acquire rights in the land of poor countries like Africa and across Europe.
Common wealth of US is much better for Poor Filipinos. Many Americans and Filipinos died for Philippines during 1st and 2nd World War, Now Philippines is Independent many poor people have no medical benefits and poor social security due to corruption system. Until now Americans help us specially in Security and Free medication for poor Filipino. There are 4.5 million legally FILIPINO- AMERICANS leaving in States now 95% of them sending money in there Family back at home $35,000,000,000 per anumn it is 10% GDP It is good for Economy of the Phil. I have been in USA before very nice people and good policy of Goverment and good benfits for Americans Citizen which We don't have in the Philippines. Thank you Americans for all your support for poor Filipino fishermen.
This video is straining to defend both duterte and china, yet is seemingly forced to put in some caveats for its apologetics. So, did china (tried to) fool the philippines? YES. Did duterte FAIL in his embarassing lapdog style pivot to china? YES. Fortunately for the Philippines, the loans did not pan out for reasons that this video glossed over: China has been experiencing financial meltdown, which arguably even started pre pandemic. And their financial troubles are intensifying. Its belt and road initiative is facing headwinds and backlash from victim (yes, victim) countries and is a money pit. What's left for the philippines then, esp for a country whose people largely look at china as an untrustworthy bully (despite the best efforts of the popular duterte for the phils to warm up to china)? Close to nothing, of course. More time? Don't count on it. China itself is running out of time. It's just LUCK that saved the Philippines from the onerous debt terms set by china. It's just LUCK that duterte failed in furthering the economic misery the philippines is still currently under. As to the WPS issue. It was the Aquino administration that filed and won its case for the philippines, not duterte. Duterte, in fact, defended China when china bullied philippine fishermen on several occassions.. with duterte always giving the lame excuse that the philippines wont win a war with china. Duterte also frequently badmouthed the US and threatened to cancel the US-PH visiting forces agreement. Duterte was essentially under china's strings! So your analysis is off. As an aside, duterte's BBB initiative has largely FAILED in its implementation.
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US. Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
I don't think it's a failure? Or you just failed to acknowledge the following big ticket projects: North South Commuter Railway project (You can go to Pampanga to check the progress) Metro Manila Subway project (Hate to admit but a tunnel boring machine may sound boring to you ayt?) With those two alone, I can give the BBB of Duterte admin a passing score. Aquino admins? Any big ticket project worth mentioning? Well there's one, TPLEX, where some rumors Hacienda Luisita benefitted from it 😂 Is it where he envisioned he can drive his Porsche? Duterte's foul mouthed figure might not please the majority of the elite, but he has done something my tax is worth spending.
You should also post IMF debt rates to show that China’s debt terms are actually much more reasonable. Plus you ignore the fact that China has forgiven debts for several countries already.
BRI is loan sharking 5/6. They hold high interest loans that can never be repaid You make the interest payments until you cantthen they take what they want.
yo did you get a new editor or something? This video is noticeably higher quality than the past uninspired videos in this channel where I was just staring at a wall of text.
Yes and no! The editor who made this video has edited several times already in the past. The reason for the inconsistent style is because we are constantly trying to experiment what style would be the most appealing to our viewers. In all honesty, the wall of text has been proven to have the best outcome for us. But do let us know what you think, all feedbacks are welcome!
Ha, ha. Some "journalists" claimed that Sri Lanka's economy collapsed because of debt owing to China which only made up of 10% of the total. The Greeks will tell you that leasing the Piraeus Port to a Chinese company, Greece was able to pay back the loans taken from the EU after it was devasted by the 2008 Global Financial Crisis caused by the US Subprime Debt Crisis. Now Germany is learning from Greece by selling a small stake in Hamburg Port to a Chinese company.
Germany greatly limited the China investment in Hamburg. China has no say in Hamburg Ports. Germany knows that China is not trustworthy. Greetings from Germany 🇩🇪
Chinese companies can do business in Ph so long as they follow the law of the land. But Chinese government militarizing the islands they have stolen from us is not ok. And by the way, Greece's economy was not caused by US but by them being disadvantaged by the terms of the EU - Nice try though.
If not because of Gloria Arroyo and Duterte China did not and cannot aggaviate the Phillipines situatipn pbbm should think about Gloria she says IAM SORRy up to now she is in government MAPANGANIB SIYA sa PILIPINAD.
Idk, i hate to say this but ph always kinda disruptive, not like they are in international community, but in the Internet society they tend to be a the most toxic, cancer, and had to use their language making them marked as racist because they knew if they're talking with their native language, they make sure to not really tell people what it means. (I know it wasnt toxic and racist, but people start to feel that way, especially in SEA ring of community), its not like theyre not fluent in english (more like they are fluent in it.) my feeling is mixing toward this but yeah, lets hope whatever is the best for their already fked up government....
Hahaha excuse me? There is also some toxic people in other asean countries not like just the philippines. Look at vietnam, indonesia malaysia and thailand they are also toxic and overproud towards their country😂😂. So don't say that the philippines is only a toxic here. Just ask vietnamese they say they are rich and no have poor. So fvck off saying that the philippines is the only country here who is toxic, there are many countries who are toxic than ph. And ask yourself if you are not toxic, don't pretend to be good.
@@GaryHField if u pulls out of china u just lose the market of 1 billion people, china is not in the 90s anymore.. there is so many brand from china right now
It’s the interest rate that China is charging the Philippines. Over 3 percent. Philippines accepted Japan’s financing, less than 1 percent in interest. So, you are wrong. Philippines was not fooled. China offered loans with details on financing and the Ohilippines turned down the offers. Because it’s not attractive enough. the Philippines accepted many of Japan’s offers JIcA - Japan International Cooperation Agency… example the subway system, etc.
In the dam building business, China's bid is more expensive than Japan and South Korea but without the environmental rehabilitation that the 2 countries have stipulated in the contract. Good thing the government did not accept. Political suicide if it came to light. Wag na tayo pauuto. Let us keep the politicians accountable.
Pray hard for the Pillipine people to not borrow so much from China. Its an unfare agreement I guess. China eventually will gain everything yet every single penny is paid by the Phillipines. Using loan money from China to pay Chinese construction companies n Chinese workers. Most likely, like Greece, Myanmar, Sri Lanka etc, cannot pay back n all those projects esp sea port n logistic infrastructures will have to surrender to China for at least 50yrs.
It's actually fine that China did not fund the majority of the projects in the country, as most of their loan terms are unfair. Although the country definitely needs some funding, there are other sources that are safer and would not lead the country into a debt trap. I'm not saying not to get a loan from China entirely, just that it's fine to take fewer loans from them.
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US. Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
They have some of the lowest rates around with only 2% and sometimes even lower. Compare that to the standard 6% commercial rates. Just a few months ago, they just forgave a bunch of african loans, and almost all of them were interest-free (Google it!). Mostly they agree to restructuring, refinancing or extending period of payments. I suggest you don't just confine yourself to western media when it comes to china, they are always twisted to a negative or outright lies.
@@flc23 Just search youtube with "china cities" or "china infrastructures". US infrastructures are almost all dilapidated and look like third world compared to china's infrastructures.
@@rap3208 Yes but have you also heard of the tofu dreg projects in China? More importantly they are aggressively intruding on other countries. It's not about who is better, it's about their treatment to other smaller nation like the Philippines. If China's treatment is the same with the US for example just giving scraps and left overs equipmens then they are basically the same. The only difference is that the US have a treaty with the Philippines.
The Philippines got dodged the bullet here. It would have been fleeced rather than getting investments if things had gone through. Imagine paying highway robbery rates with predatory repayment clauses for infrastructure that would begin falling apart in 2 or 3 years as a lot of these overseas Chinese projects are doing right now.
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US. Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
Your analysis about China becoming a world dominant country is partly correct but😊 vastly wrong. You see in the last 20 years China,s economy continue to rise it only since 2010 it increases exponentially and replaces Japan as number two riches nation in the world.
We got few bridges built around pasig river. China got their several small islands with military infrastructure so far with the deal. Who got the better deal so far? I say cancel the deal and get our islands back and pay back China with the cost of the bridges
the philippines i closly tied to the usa...by history or by # of filipinos in the usa vis a vis with that with china...s long as japan is allied with the usa, japan will be a partner of the philippine...economic or military...
This blog forget to mention that the Davao-Samal bridge already started and it's a 19Billion project and funded by China. Guess you need to do more research.
daing nagsasabi kano is bad, tsai is better kaya tuwang tuwa sila sa negosyo, parang saying na angkinin mo na ako ng buong buo: west ph sea pati islas pilipinas tuwa ako.Gising!!!
China's billion dollar promises have never been fulfilled, yet. Do you think that they will eventually become a big investor? Let us know down below!
China lends investments to developing countries: OMG DEBT TRAP DEBT TRAP NEO COLONIALISM!!!!111
China doesn't lend to developing countries: OMG CHINA LIED CHINA BROKEN PROMISES CHINA BAD!!1111
Make up your mind bruh
China can't accept a strong PH. China wants to steal PH islands in SCS.
No for China ! They will lnvade the Philippines ! For its oil and gas ,!
The Philippines want to play China against the US. The Chinese are no fhools and will not allow itself to be used, manipulated Instead China played out the Philippines. Its not a matter of time but real intent. China knows the Philippines being a former colony of the US will go back to the US. As events have shown.
its just that in the Philippines, there is this stupid mindset that, China is like everywhere in the Philippines, example , people getting woked with loans/investment we have from china.. i mean what the heck, They are hyping china so much so the media can politicize it and instigate hate towards the government.. hyping such as promises.. i mean really.. we should just focus our attention and appreciation towards Japan... as u said china, isnt even our top investor.. so why the hype?
Building railways in Luzon is a smart move, and the links between Manila Airport and Clarke; and also Clarke to Sual Freeport are now considered both critical and viable. Clearly the Philippines should look to Japan rather than China for loans without political entrapment.
Agreed. Not only Japan has the most effective and fastest railway and train in Asia and in the world, Japan also has a good relationship to the philippines.
Hopefully tech transfer can go to the point where we can actually machine our replacement trains and be able to maintain them ourselves.
伙计，贷款是你们来求我们中国的。你认为日本的贷款很好拿。那你们完全可以去跟日本贷款
@@chinacoolai422 ironically, Japan does do loans to the Philippines cause they want to take credit of their country's mistakes towards the Philippines in WWII when they invaded the Philippines.
The countrymen of the Philippines do not want to form an alliance with China especially because it contradicts the strong relations between the Philippines and the United States. The Philippines currently having relations with China and Russia was all because of former president Duterte and not the people.
Why the hell philippines is even loaning…???? Isn’t that country got enough resources to generate money of there own???? no wonder why that country is just getting invaded over & over again 😑
This post seem to forget that 2 years out of the 6 years was considered as a "void" period due to the global pandemic.
People seem to be already forgetting this
A lot of talk in this video about nothing? Questions asked and answered with mere speculation? Misleading title for fools?
HAY NAKU NABUDOL TAYO NG TUSONG CHINA. HUWAG NA KASE TAYONH UMASA DIYAN SA MGA INTSIK NA HARI SA PANGBUDOL. HINDI PA TAYO NAUTO. MADALI KASE TAYO MAGUYO. WE HAVE TO LEARN FROM THESE MISTAKES.
Its a friendship between a slave and master. Guess who wants to be the master
because dutete is a fool. the bestest geopolitical masterstragedist in the galaxy
Ohh really 20 billion dollar can be easily paid by the Philippines
Let's pray for Philippines in the future to be developed country in ASEAN whatever it's happen.
Greeting from your brother 🇮🇩 🇵🇭
Thank you my brother like your country becoming one of the strong economies in the world! Pray for our country and people 🇵🇭 ❤’s 🇮🇩
Thank you to our Indonesian brothers, love and support from Philippines ❤️🇵🇭 ❤️🇮🇩❤️
thank you.
I have travelled a lot with work and I have seen what "developing a country" does for the people of that country on the whole.... not a lot of good has been my observations. The usual top 5% of the rich get wealthier, but the vast majority face higher taxes and cost of living.... Brasil, Azerbaijan, Mexico, indonesia and philippines (i have lived here 16 years), Azerbaijan Baku in particular might have been a shabby run down city in 2003, but investment has now placed living beyond the reach of almost anyone if not involved in the oil industry.
@@grahamhill9770
You need many forms of investment to develop a country. The Philippines suffers from having excellent natural resources but having no industries to utilise them in the making of other products. No products because no factories because no investments and therefore no jobs. They sell raw materials to foreign countries as raw materials and, like oil, only those extracting, refining and transporting the oil benefit.
Those from Western countries could only look on in utter disbelief at the people voting for a Marcos as president. Nothing's going to change in Phils any decade soon.
i am pray for the bright philippines future
love from 🇲🇨
Same in ur country
The Philippines has no future still 3rd world status.
Praying is useless, Human futures are not determined by the divine.
Just give the Projects to Japan instead they are more trustworthy and will deliver quality
If Japan can lend the said amount why not? The problem is they can't, that's why Philippines has to look for another option, and only China is willing to invest.
@@rahulmaron You are correct. Japan wants to but they have a law that they have a budget of how much they can lend to any given nation at a certain time. Fortunately, France is interested among other western nations. I would rather it goes to India, SK and Indonesia if we have exhausted Japan.
I hope this will work out.
Try the USA potatoes for help if you do not accept China.
Our partnership in building more infrastructure in the Philippines is Japan and south korean not China and we Kew already what China want from the Philippines.
Infrastruktur project in Indonesia worked by national company such as WIKA and adi karya in highway,bridge and LRT....our state own company have enough skill to build such infrastruktur with local supply in cement and stell....its vertical integration..
....our fiscal budget in infrastruktur not only from foreign debt but also from local bond issue ...our dependency on china just in downstream technology in nickel processing..but in future that's would be ease with more investor coming in
Daily Reminder: Taiwan is an Independent Country 🇹🇼🇹🇼🇹🇼
AMEN!!! 100% AGREE
100%
各自表述，一个中国，蔡英文在把台湾往毁灭的方向推
China will never do favors for anyone unless they immensely benefit from it(politically and financially). SE Asian and African nations should consider who to partner up if they want to keep their independence
Yeah because Europe and the USA have been sooooo favourable to Africa right ? 😂🤣🤣🤣🤣 history has shown this 👍
Appease the dragon and he will bully you more. Not a good neighbor
Likewise for american interesr only
@@meritosena9262 They just take another slice ask India
If not for territory issue Philippine can abandon its US leaning policies. Since China is closer to home sadly geopolitics put the Philippines and China against each other.
China wants a 50-50 split in WPS natural resources and also wants their own regulations implemented in developing the area, so the Philippines didn't accept the deal because it was Philippine territory, which is why this investment didn't materialize. They give loans in exchange for natural resources-what the heck is that? That's greedy as hell. Philippines will be in debt to China for a long time with their resources having been extracted for free by China. It will be a double black eye for the Philippines. That is why it is a good thing that it didn't materialize.
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US.
Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures
there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
@@milomilo417 If that's what you want, why not go to china instead of living here in the Philippines.
You need to read literature on territorial sea, EEZ and international waters. Philippine territorial waters is only 12 miles out from shore. Our EEZ which is still in contention as the arbitration case wasn't participated by china is 200 miles from the end of our territorial waters to 200 miles out. Our EEZ is not our territory, it is international waters, we only have special rights to develop and exploit the natural resources in that area.
@@rap3208Yeah, it's not our territory, but it is our water. So the function is the same, and we need to protect it because it's ours. Even though it is in international waters, control of those is awarded to our country. All of the Philippines' natural resources, including oil, gas, and marine resources, are owned by the country.
@@JC0820 It is not our water. can't you undestand that? Don't you understand what territory means?
When Chinese was incharge of the projects, they will hire Chinese, not locals.
The Philippines does not have the manpower with the necessary skills to operate China's machines.
Fishermen cannot overnight drive complicated machines or communicate with the Chinese management. Please don't expect the Chinese management to speak and communicate with the Philippines in their own language, yet complete the project timely.
Do you want the cake and eat it too. You are too greedy.
Give everything to China! China is best friend of Philippines. Philippines should bow down to China!
I loved how one of Duterte's most famous campaign quotes was him saying "he'd ride to the islands himself on a jet ski" to protest china's takeover of the islands.
The people NEVER forgot that one and relentlessly mocked him on social media during his interactions with China.
People knew it was rhetorical.
And yet he has fallen prey sa mga tusong matsing!
Sorry - never happened because of gas prices - lol!!!
Like Aquino Pnoy magpa sagasa sa MRT. lol
Those famous words of former President Duterte were political ones to win votes rather to be serious about what he said.
Fooled !!!
Filipinos need to stop putting all of the blame on corrupt politicians who sell out their countrymen. Filipinos need to do their part and stop giving up their soft power. There are loads of Filipinos promoting Chinese martial arts, products and culture. There are maybe 3 dishes that has Chinese influence yet, Filipino cuisine is touted as being influenced by China. Filipino rarely realize Filipino Martial Arts yet can tell you a lot about Chinese martial arts and even call themselves Chinese martial arts teachers. Loads of other incidents of Filipinos giving up their soft power to China. Filipinos stop blaming corrupt politicians who sell out to China and retake your soft power.
Retake your SCS islands too.
@@nsevv
They first have to admit it was taken. They will argue with you all day and night that it wasn’t taken from them and some will want to fight you. Afterwards, they’ll meet their friends at Chow King or some Chinese restaurant to hang out because a local carinderia or sisig isn’t good enough.
Buddy you are just pulling this out your ass.
@@JB-bi6vm and always urging the foreign vloggers to go to china town in binondo. What idiocy lol.
Filipinos even promote Spanish identity even though they are still Malay
Japan had a good relationship in the Philippines and no hidden agenda. After the world war 2 Japan was doing a good job in rebuilding the Philippine.
reminders don't go with some Americans ..iba yun dugong Asian..mga puti mga traydor yan..sooner or later .iiwanan ka na..either in life styles or
bzness...
What are you talking about? Japan invaded and occupied the Philippines during WW2 for a few years
@@jasonc3589 AFTER
🇮🇳❤️🇵🇭
In a bid to build an additional dam, for the Philippines, South Korea and Japan had stipulations to rehabilitate the affected area while China doesn't have any regard for the environment. China's cost is also higher than the two countries. In this regard, it is more than ok that China doesn't fulfill their promise.
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US.
Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures
there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
@@milomilo417 lol. That's a round about way of saying Philippines will be part of China right? I have no need to spite the US. One country, many culture - that's Philippines already. And no, China will not develop Ph to spite US. It would steal from our natural resources but make it seem like we owe them for developing our infrastructure.
We are tired of poverty but we keep on for family. China's familial culture is different from ours. Marriage is more for convenience than romantic. Our religious freedom will be curtailed. They would promote abortion and take our freedom. The list goes on that even their youth do not want to do anything anymore. You just have to look them up to know that the Philippine culture could never adopt communism.
It would be misplaced pride if we take pride from something handed to us as opposed to something we have achieved ourselves. What we need are academicians and not politicians in government. People who know and will advance research and development, knows strategic planning and so on.
@@milomilo417 我们可以成为朋友，但不是合并，中国对合并他国不感兴趣，但是我们愿意帮助菲律宾，菲律宾生产的香蕉质量很好
@@chinacoolai422 Good to hear, is that why the Chinese government are more interested in merging Taiwan than any other countries? Though I can't really understand the motive of the Chinese government occupying the Philippines "Economic Exclusive Zone" waters and lands. Can you explain that? You can say it's china's historical claims which I perceive as an invalid excuse. Which is why chasing away filipino fishermens is not something the Philippines will ignore. And making artificial islands on the waters to rightfully claim it is just an inconspicuous invasion, not for merging but for stealing away from the natives...
@@astronauteer1215 中国地图划出的边界位置都是必须维护。边界以外的我们不感兴趣。领土内发生任何的纠纷都是不被允许，这就说到了台湾。外部势力干扰到中国的领土，这是一种宣战，只是时机不合适战争。但是不代表我们不会被某个时刻收复领土，收复台湾已经经历了好几代的中国领导，这是他们一直遗憾的事情。但是菲律宾不同，我们只是有海域纠纷，不会有战争，不会有军事冲突。最多是经济上的纠纷
thanks for the video. Philippines will surely improve the economy soon ❤️
Hope so!
Please improve, work with vietnam, taiwan, india and Indonesia grow fast together..
Surely
@@nsevv ok. thank you.
@@kapeecoffee yes :) thank you
I think its the other way~ We Philippine "almost" fooled the ccp.. Sayang hindi sila nag invest agad~
It's a blessing that the promised loans from China didn't materialize hence we are in no danger of the so-called China debt trap. (Anyway, who needs tofu-dreg projects that collapse sooner or later?) Also, Japan has always granted the Philippines soft loans for decades already and I don't see it ending anytime soon. Let's not forget that Japan is also morally indebted to the Philippines for war reparations and, in effect, it's Japan's way of making up for it, postwar. Besides, the Philippines has a sterling credit record that makes it an attractive country to invest in and grant loans to. And, NO, China didn't fool the Philippines coz we didn't succumb to the China debt trap.
We lost the SCS under the pretense of getting useless loans, money went to corrupt leaders.
@@nsevv how did we lose SCS and when was that?
if your saying that Japan is indebted to the Philippines for war reparations how about Spain they invaded the Ph and stayed for about 300+ years. so dont make it a reason bc theres another country which is most accountable for
@@nsevv Your comment seems confusing. SCS is ours, as arbitrated by an international court and no one can take that away from us. As of now, we aren't as strong militarily as we should be in order to deter China's aggression in the area. And what is your basis to conclude that those were "useless loans that went to the pockets of corrupt officials"? You must be a Duterte hater that speaks from emotions rather than facts, the same haters that believe Duterte has sold the Philippines to China. This video has just proven you wrong - we didn't fall for the China debt trap under Duterte.
@@psyyy143 Spain didn't intentionally bomb cities, destroy properties, rape women, and massacre innocent civilians. Instead, it left noteworthy legacies that make us what we are today - churches, religion, culture, and western civilization in general. I don't think Spain's occupation may be compared to Japan's. (On a silly note, the Spaniards improved our race, too. The Japanese race? Never mind! LoL!)
I think the headline should be how the U.S. fooled the Philippines!
A big reason is that when examined by financial bureaucrats, a lot of the BRI loans were rejected by the Philippines as having too many onerous conditions and very high interest rates. An example would be the insistence on the Chinese side that any dispute be settled exclusively in Chinese courts.
China will provide the loans IF the Philippines complies with the demands of the CCP with their oil exploration & teritorial demands but the duterte's administration didn't agree to the demands they then threaten to back out of the loan pledges to force the Philippine government to submit to china but the administration didn't budge so they just continue the projects that they already started when talks are still ongoing and didn't fully comit when the talks aren't going anywhere.
This is what I'm talking about. China wants a 50-50 split in WPS natural resources and also wants their own regulations implemented in developing the area, so the Philippines didn't accept the deal because it was Philippine territory. They give loans in exchange for natural resources-what the heck is that? That's greedy as hell. Philippines will be in debt to China for a long time while their resources also having been extracted for free by China. It will be a double black eye for the Philippines. That is why it is a good thing that it didn't materialize.
@@JC0820 I knew it was a one-sided scheme by China to begin with. If Philippines agrees (though unlikely) then China wins. If Philippines wants to negotiate, China still wins as it dangles the loans in front of Duterte's administration and expands its man-made islands and bullies the fishermen. All the while Duterte is being soft and kissing up to China and thumbing his nose distancing his relation with the U.S. (Obama). Scheming China wins with the Duterte presidency. A "win-win" deal or agreement with China means China wins twice as they often say.
@@DanKann86 Anyway, developing the WPS can't be done without any foreign investors because the Philippines' technology is not capable of exploring the oil industries at this moment, so they still need other countries to do it, whether it be China or other countries, so yeah. Any country that is chosen by the Philippines will win, but the China deal is unacceptable, hence why the people didn't agree with it and why the government cancelled it.
@@JC0820 What I meant is that China's intention was never for the mutual benefits of China-Phil. I was meant to take full advantage of the new administration in softening or weakening the strong stance set up prevously by Aquino III on the SE Sea. It also weakened ASEAN resolve to condemn China actions.
@@DanKann86 Yes, it was a bold move by Duterte, but it also helped in a good way because he exposed the real motive of China in investing in so many infrastructure projects in the country.
I hope Philippines will not fall into a Chinese Debt Trap.
Common wealth of US is much better for Poor Filipinos.
Many Americans and Filipinos died for Philippines during 1st and 2nd World War,
Now Philippines is Independent many poor people have no medical benefits and poor social security due to corruption system.
Until now Americans help us specially in Security and Free medication for poor Filipino. There are 4.5 million legally FILIPINO- AMERICANS leaving in States now 95% of them sending money in there Family back at home $35,000,000,000 per anumn it is 10% GDP It is good for Economy of the Phil. I have been in USA before very nice people and good policy of Goverment and good benfits for Americans Citizen which We don't have in the Philippines.
Thank you Americans for all your support for poor Filipino fishermen.
Thank you President Marcos,
Filipinos are very proud of you Mr. President.
Borrow from yourself then.
@@richardgoh8725 Biden knows about that, He just prints more money.
He's not a super power juz pretending to be super power and definitely not a dragon maybe snake
Never mess with 🐍 lol
Good we never borrowed that much so we didn't fall into a debt trap. The threat that we would lean towards China for loans needed for infrastructure to address climate change opened the doors of other creditors to access more loans than our credit rating allowed. Thanks to Duterte.
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US.
Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures
there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
@@milomilo417 That happened to Nicaragua where firm believers in Liberation Theology won and installed a communist state as the kingdom of God in Earth (Ernesto Cardenal).
debt trap? its the loaner's first fault still borrowing huge money despite the fact that it is almost impossible for that country/government to pay the debt & the lender simply prey on that opportunity. u r very very very clueless... wat i can only see from you is ur stereotype towards our country, China (ex: China cannot be trusted, etc etc). before China, debt trap was already a practice by US & Russia. for US example, the debt trap comes into allowing US have military base or interfere with the country's politics. this was become unpopular. China, on the other hand, promised that it wont interfere with the country's politics. IN SHORT, you are choosing here the less devil. every investor or lender wants something back in return. nothing is free! so fucking naive
So it all amount to con China billions for nothing
Dyk, Saudi promised to invest 10 bn $ in Indonesia but it cancel and just invest 450 mn $ for hotel in bali.
After it cancel then saudi invest 100 bn $ to china 😎
Saudi Arabia invest in the upgrading of Cilacap Refinery. New Refinery im East Java with Rosneft of Russia ( more trusted than SA ). You can see why our president goes several times to Dubai ( UAE) then to Riyadh, becuase UAE is more committed to work with us. Saudi Aramco wants us only to import crude. That is why we move away gradually from SA to Russia with Rosneft, Lukoil etc
It will depend on political environment. If Philippines will become pro American by allowing US combat troops in the a Philippines then China should stop investing in the Philippines. Its China's money not Philippines.
With the West's launching of the Partnership for Global Infrastructure Investments, the war in Ukraine's effect on Central Asian stability, and China's horrendous financial outlook, its infrastructure investment aspirations in the Philippines is basically over. The Chinese will need to shore-up its Central Asian borders and will have to pivot towards it whether they want to or not since the consequences can be weighty if they don't. Try as they may, the Philippines is too firmly entrenched into the West's Asian bloc, and it will take far too many resources to dislodge it.
I hope they just give up on Ph. 50 cents army slowly poisoning the minds of Filipinos - planting the idea that it would be better if we become part of China and that they believe that historically, Phil was a part of China.
With the RP allowing Americans access to 5 bases, one suspects the Chinese are no longer interested in helping the Philippines, BRI or not.
We need to account also how many originally approved or offered to China projects that were taken over by Japan and SoKor. Also, take note that there are very little projects funded by the West. Most of them are soft projects and not big ticket infrastructures. 2 years of pandemic also is a big factor in delaying many projects on the planning and the financing stages. We can only imagine how many projects could have been started and closed had there been no Covid in the last 2 years of PRRD's administration.
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US.
Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures
there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
@@milomilo417 Yes, just let China invade Philippines and make the poor Filipinos the worker slave like they deserve.
You nailed it
@@milomilo417 kahit magmakaawa tayo sa China na kunin tayo bilang probinsiya nila ay aayaw sila. ba't naman nila kukunin ang 115 million na pinoy na siguradong maging gulo lang sa bansa nila dahil aminin man natin o hinde aypuro amboy pa rin tayo.
PRRD wouldn't have entertained them anyway. He has a strong aversion towards the west. Meanwhile, BBM is considering France, US and other ASEAN nations. I am not saying that BBM is better but I do thank that he was able to withdraw that arms deal that PRRD made with Russia. The Phil military could have trouble with parts and others in the future as Russia's future is currently questionable. I think that the government should be transparent to the public about the projects, the bidding stipulations and so on. If they award the project to a country that is dishonorable, we should have a say afterall, these projects are paid for by our taxes.
because senators and congress have so much brains to oppose china's debt traps.
The title should be how China failed to fool the Philippines.
The ex President were a rude person. China and many countries does not like this President and will not support his mission.
China should be ready for ungrateful fools.
China should stop saving the farmer's snake.
Ph here. This is a debt trap
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US.
Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures
there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
@@milomilo417 so ur gonna say filipinos will have greater pride if democracy gets abolished, replaced by autocratic government whose primary goal is to control its citizen, limit their freedom, and surpass the US even though it's impossible?
@@milomilo417 I'm a filipino in a medium income family, and I declare that your statement is only based on individual opinion and I say the general masses wil disagree on this one. Democracy is a part of our lives, the freedom to choose, and liberty we experience everyday is one of the reasons why Filipinos can still smile in tumultuous times, something that Chinese citizens is deprived of.
There is no trap if you willingly sign the agreememnt
Your ignorance on this matter leads me to strongly suspect that this is nothing more than rather poorly-crafted soft propaganda. First, if you genuinely meant to try and answer your (rather convoluted) question, your research would immediately lead you to the fact that China has also occupied and completely militarized sovereign Philippine territory in the form of the disputed islands in the West Philippine Sea. Their presence is purely exploitative, consisting entirely of military and commercial fishing vessels. Ports, deep-water harbors, naval guns, radar arrays, stealth ships, airbases, fighters, bombers, cruise missiles, soldiers and their housing are now less than an hours flight from Manila and critically, further pressurize the already tense West Philippine Sea. You fail to mention any of this and that is rather glaring, particularly because this is the answer to your question, but you ignore it because your approach is so sloppy, you've forgotten the ostensible purpose of your video. Despite taking some shallow shots at China, you actually end up defending them (with questionable facts) and even insisting that we accept the inevitable Chinese dominance of the global economy. Like I said, you are sloppy (and barely coherent by this point in the video). So, yes, China seems to have successfully fooled the Philippines for as you say, we have a few lousy bridges to show for it, while China has not only managed a land grab of Philippine territory that is largely considered to hide the worlds last big oil reserve (priceless to the virtually oil-less Philippines) but at the same time has snuggled right up to the Philippines and put a knife to her throat. You avoid covering how obvious this reality is, but the funny thing is, you might be surprised as Filipinos are incredibly crafty scammers in their own right, so who know? What I do know is that the rise of China is by no means inevitable and that another thing you are downplaying is the gravity of China's financial and not to mention social and cultural problems at this very moment. At its current course, the CCP will never achieve dominance, especially not when people like you are tasked with producing their propaganda. Furthermore, it stands to reason that their success will only be as shallow as their values. I mean, you never know, this could be the beginning of the end for the CCP.
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US.
Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures
there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
@@milomilo417 One can only hope that you're merely taking the piss...
Thank that they dont invest in the phils so that we dont have debt with them
You can choose to live in the stone age.
Philippines surely didn't get fooled by China. I'm sure there were contracts and negotiations that didn't come to frutation. Specially, when there's a trouble brewing in south China sea.
Japan is more credible than China. The latter has been in history, Imperialist while Japan's imperialist dreams has gone due to its losses in WW II. Japan is indeed more trustworthy. Mabuhay and banzai!
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US.
Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures
there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
I get your point, but I'm sorry to say that as someone who studied International Relations, this is unfortunately factually incorrect. Many scholars would actually describe China's contemporary rise of power as actually much less expansionist, especially compared to Western countries.
Japan's colonial policies were much curbed after their defeat in WWII, absolutely. But as they're a military partner of NATO, I wouldn't call them a peaceful country either. They've sent troops during the Iraqi war, and have sent military resources to their allies in their many overseas military operations.
Also, even if they diplomatically have maintained good relations with their former colonies, they absolutely are not charitable when it comes to international trade or big development projects like these ones. I'm not pro-China at all, I think their approach in South China Sea was a mistake. But let's not proclaim Japan as an innocent country either. ✌️
Propaganda channel against China.
Next: Why Dutertes are so obsessed in China?
That's because he's winnie d pooh's lapdog. He must lick his master's boots otherwise he won't get fed lol.
dds thought that he could play both US and CHINA, but ahem who got duped
Philippines loans are more from Japan.
That's good news. Do not give up. Next, try the USA.
Forget China since you hate China so much.
well why dont make a video that says how america fooled the philippines
still BIG NO TO CHINA
Yes that true China foolled pinas we should ba aware. avoid carelesness.
let us be careful
Would be nice if you put references in each video
I would say China would have fooled the Philippines if the Billions it promised happened. With a sky high interest China charges to do business like what it did to Sri Lanka and Malaysia, the country would be brought down to its knees. Japan and Korea were a great choice.
Forget China, since you hate China so much.
The Philippines need to have a stronger economy to build a stronger security system enough to make China stand down
It needs strong leaders with servant hearts.
CCP can influence corrupt leaders .
We have that good leader again , you Will see the improvement of the Philippines to year of 2028 to 2050 ! China built buildings without residents ! The Philippines will show you how foreigners love the Philippines ! And he will fight for every inch of the Philippines ! All negotiations with China are all cut by the present government !
Partnering with China will help the PH get that stronger economy.
Philippines fucos to modernize their country. Such as building new infrastructure and the modernisation of military. The philippines economy now is stable with the growth of 7 %. I'm sure few years from now the philippines will be stronger, and about china the government have good relation to china even if they steal the land of ph. The philippines government fucos to improve the country than arguing with china who will turn to war just like ukraine and russia. If that will happen the philippines will difficult to start in the beginning, so we better shut up and allow our government to solve that issue. China is the stronger now but soon the philippines will be stronger than china.
Tanga m ....ang kailangan ng pinas ay hnd sugapang pinuno or magnanakaw at mas lalaong hnd kailangan ng pinas na pami pamilyang lahi na mgaagnanakaw ..ang kailangan nh pinas ay mga botanteng MGA HND OBOB NA KARAMIHAN NA NPKA DALING UTUIN AT PAIKUTIN ANG ULO
The Philippines would do better to streamline its sclreotic bureacracy and copy Vietnams ease of doing business to attract the thousands of compainies moving out of China. A once in a lifetime opportunity. Taiwanese, Chinese, and ohter companies exiting China could go to the Philippines.
Thousands moving out of China?
Labour intensive might seem appropriate but the Philippines is not low cost due to its bureaucratic smugness.
China is already a developed country, their wages is not as cheap as it used to be. That is why they are concentrating in high tech/high profit manufaturing and encouraging their people to go out and build their low tech/low profit factories outside China (laos, Vietnam, africa, etc.).
Base on hope or dream?
Still no to china!
we dont want china to finance anything to Philippines...Not Bullying Us in West PH Sea would be enough to us....
Phillipines is the one bullying China. Very plainly
If fishing and growing bananas is your favorite, keep going.
Honestly, we are better off forging good economic cooperation with china. Asia is the future and the Philippines need to realign itself. I browse the comments section and can see lots of people who have a very negative opinion about china which i only assume came from western propaganda.
Or perhaps Chinese greed and superiority had something to do with it?
Philippines people don't hate China too much. You don't know what government doing actually.
China business is pure business..
US+EU business must be included political and will control your country.
Philippines being Wise.. not just you have a problems with China but they try to being Wise.
🇮🇩❤️🇵🇭
Philippines have a big headache with china as a nuisance neigbor. Even though it's a thousand miles away, china claims and encroach on the Philippines's EEZ, according to their fake nine-dash line map lol.
@@krizzyDeleon1850 Not just Philippines there is 6 other countries that problems with China in South China Sea including Indonesia. but they are doing soft way.
I saw just Indonesia dare to head to head with China in South China sea, so let Indonesia act. But they also keep trade and diplomatic continues because you can not developed without China goods (like or not).
Don't push your government to doing wrong, like Ukraine.
China's business is intellectual property theft. Pure theft !!!
@@derykhawkins2199 They have a hand in every shady dealings in the world. They harass and threaten other countries to make them subservient to ch*na.
If those doesn't work, they start their black propaganda againts the country who resists.
@@dangdut1 Philippines is also doing the " soft way". We don't war, but if our sovereignty is being threatened, then like Ukraine we have no choice but to fight. Let's hope it won't come to that.
Duterte might have done good in some areas of governance in the Philippines by failed miserably in international diplomacy by cozying to closely to China , who was making a fool of Duterte n him not realizing China's real motive of a debt trap..just like what happened to Sri Lanka n other countries as well..
I THINK ...
China was worried the Philippines would fall into its "DEBT TRAP".
So I think China did the RIGHT THING by spending her money somewhere else... where her patronage is more appreciated.
I still think the same today. The Philippines 🇵🇭should rightly LOOK TO GENEROUS UNCLE SAM for $$$, which is "debt trap" free.
Digong's foreign policy is not sustainable. that's why BBM is trying to reverse it.
This is one side story. To be fair, we need to listen to 2 sides story
You are absolutely right! We have documented both sides of the story many times throughout our channel.
It is multiple side. China deceived Phillipines to steal their islands in SCS.
The story is that the Philippines cancelled the agreement with China to explore the natural resources in the West Philippine Sea; China wants a 50-50 split and their local regulations will be implemented in the area; it's like it was their own territory, which is why the Philippines cancelled the deal; as a result, China didn't push for these $ 11 billion pledges to materialize.
No one will invest here as long as we have 60-40 foreign ownership in the Constitution.
Remove this and we will have much investments that will create jobs for everyone.
Lol 60-40 ownership is already removed, but not on owning a business in the aspect of the natural resources of the country or other public utilities like energy, telecommunications, and security. The natural resources of the country are for Filipinos, not for businessmen. If you gave them 100% ownership, how can you be sure that the Filipinos will benefit from it? Come on, better research your facts.
Yep. It was never been fulfilled, but it is not a big issue for filipino. It is better to not have a debt to china. China is not trustworthu anyway. Who knows if philippines fail to pay the interest china would just grab philippine properties just like what they did to other country. Also the conflic in west philippine sea
Sila ang mura at mabilis matapos mga project. Subukan mong umutang sa IMF at parang dadaan ka pa sa karayom bago ka pautangin - kung pauutangin ka. may mga political at economic conditions pa silang i-impose sa atin na kailangang gawin natin para makonsider na pautangin. lastly, mahal ang interest nila.
Any proof to what you says?
@@sataniseddie the term is "debt trap" an act of predatory loans of china to acquire rights in the land of poor countries like Africa and across Europe.
Of you go to the bank for a loan you have to put up security and all conditions
Please live in the stone age. Do you think the USA cares?
Common wealth of US is much better for Poor Filipinos.
Many Americans and Filipinos died for Philippines during 1st and 2nd World War,
Now Philippines is Independent many poor people have no medical benefits and poor social security due to corruption system.
Until now Americans help us specially in Security and Free medication for poor Filipino. There are 4.5 million legally FILIPINO- AMERICANS leaving in States now 95% of them sending money in there Family back at home $35,000,000,000 per anumn it is 10% GDP It is good for Economy of the Phil. I have been in USA before very nice people and good policy of Goverment and good benfits for Americans Citizen which We don't have in the Philippines.
Thank you Americans for all your support for poor Filipino fishermen.
This video is straining to defend both duterte and china, yet is seemingly forced to put in some caveats for its apologetics.
So, did china (tried to) fool the philippines? YES.
Did duterte FAIL in his embarassing lapdog style pivot to china? YES.
Fortunately for the Philippines, the loans did not pan out for reasons that this video glossed over: China has been experiencing financial meltdown, which arguably even started pre pandemic. And their financial troubles are intensifying. Its belt and road initiative is facing headwinds and backlash from victim (yes, victim) countries and is a money pit. What's left for the philippines then, esp for a country whose people largely look at china as an untrustworthy bully (despite the best efforts of the popular duterte for the phils to warm up to china)? Close to nothing, of course. More time? Don't count on it. China itself is running out of time.
It's just LUCK that saved the Philippines from the onerous debt terms set by china. It's just LUCK that duterte failed in furthering the economic misery the philippines is still currently under.
As to the WPS issue. It was the Aquino administration that filed and won its case for the philippines, not duterte. Duterte, in fact, defended China when china bullied philippine fishermen on several occassions.. with duterte always giving the lame excuse that the philippines wont win a war with china. Duterte also frequently badmouthed the US and threatened to cancel the US-PH visiting forces agreement. Duterte was essentially under china's strings! So your analysis is off.
As an aside, duterte's BBB initiative has largely FAILED in its implementation.
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US.
Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures
there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
I don't think it's a failure? Or you just failed to acknowledge the following big ticket projects:
North South Commuter Railway project (You can go to Pampanga to check the progress)
Metro Manila Subway project (Hate to admit but a tunnel boring machine may sound boring to you ayt?)
With those two alone, I can give the BBB of Duterte admin a passing score.
Aquino admins? Any big ticket project worth mentioning?
Well there's one, TPLEX, where some rumors Hacienda Luisita benefitted from it 😂
Is it where he envisioned he can drive his Porsche?
Duterte's foul mouthed figure might not please the majority of the elite, but he has done something my tax is worth spending.
It fooled the moroon president duterte.
You should also post IMF debt rates to show that China’s debt terms are actually much more reasonable. Plus you ignore the fact that China has forgiven debts for several countries already.
This is a anti China channel like many others.
In exchange of what? lol
BRI is loan sharking 5/6. They hold high interest loans that can never be repaid You make the interest payments until you cantthen they take what they want.
yo did you get a new editor or something? This video is noticeably higher quality than the past uninspired videos in this channel where I was just staring at a wall of text.
Yes and no! The editor who made this video has edited several times already in the past. The reason for the inconsistent style is because we are constantly trying to experiment what style would be the most appealing to our viewers. In all honesty, the wall of text has been proven to have the best outcome for us. But do let us know what you think, all feedbacks are welcome!
@@BehindAsia is it using text to speech? The slight errors in voice are noticeable
Read the descriptions, fellows.
Why doesn't the Philippines borrow money from the USA? Since the Philippines has become a joint military alliance with the USA.
Ha, ha. Some "journalists" claimed that Sri Lanka's economy collapsed because of debt owing to China which only made up of 10% of the total. The Greeks will tell you that leasing the Piraeus Port to a Chinese company, Greece was able to pay back the loans taken from the EU after it was devasted by the 2008 Global Financial Crisis caused by the US Subprime Debt Crisis. Now Germany is learning from Greece by selling a small stake in Hamburg Port to a Chinese company.
OOH another china dove, f**k off !!!
Germany greatly limited the China investment in Hamburg. China has no say in Hamburg Ports. Germany knows that China is not trustworthy. Greetings from Germany 🇩🇪
Chinese companies can do business in Ph so long as they follow the law of the land. But Chinese government militarizing the islands they have stolen from us is not ok. And by the way, Greece's economy was not caused by US but by them being disadvantaged by the terms of the EU - Nice try though.
👋 CCP bot
If not because of Gloria Arroyo and Duterte China did not and cannot aggaviate the Phillipines situatipn pbbm should think about Gloria she says IAM SORRy up to now she is in government MAPANGANIB SIYA sa PILIPINAD.
I'm loving your content... Keep up the good work 💜
Thank you so much!!
Keep the ignorant too.
@@richardgoh8725 ignorance*
Idk, i hate to say this but ph always kinda disruptive, not like they are in international community, but in the Internet society they tend to be a the most toxic, cancer, and had to use their language making them marked as racist because they knew if they're talking with their native language, they make sure to not really tell people what it means. (I know it wasnt toxic and racist, but people start to feel that way, especially in SEA ring of community), its not like theyre not fluent in english (more like they are fluent in it.)
my feeling is mixing toward this but yeah, lets hope whatever is the best for their already fked up government....
What is your nationality?
Lol what is the connection of your claim that Filipinos are toxic to this video? Look to the mirror first maybe you'll see that you are also toxic.
@@JC0820 Precisely. He is also toxic. :) I’m sure he engaged himself in those beauty pageants blah blah blah.
@ Macademia
Nice to see you to be opinionated of our gov't. Why not see yourself first and assess how good or evil you are.
Hahaha excuse me? There is also some toxic people in other asean countries not like just the philippines. Look at vietnam, indonesia malaysia and thailand they are also toxic and overproud towards their country😂😂. So don't say that the philippines is only a toxic here. Just ask vietnamese they say they are rich and no have poor. So fvck off saying that the philippines is the only country here who is toxic, there are many countries who are toxic than ph. And ask yourself if you are not toxic, don't pretend to be good.
My dog can fool the Filipino.
Japan, South Korea and the Philippines are semi colonies in Asia and dependent countries of the United States
Hahahahahahaha, China is also reliant to the West. When Western companies pulls out of China, let's see what happens
😂😂😂😂
@@GaryHField Exactly!! Stop buying their shit and they will decline very quickly!!!
That is a whole heap better than being chinese colonies!!!
@@GaryHField pull out?
@@GaryHField if u pulls out of china u just lose the market of 1 billion people, china is not in the 90s anymore.. there is so many brand from china right now
It’s the interest rate that China is charging the Philippines. Over 3 percent. Philippines accepted Japan’s financing, less than 1 percent in interest. So, you are wrong. Philippines was not fooled. China offered loans with details on financing and the Ohilippines turned down the offers. Because it’s not attractive enough. the Philippines accepted many of Japan’s offers JIcA - Japan International Cooperation Agency… example the subway system, etc.
In the dam building business, China's bid is more expensive than Japan and South Korea but without the environmental rehabilitation that the 2 countries have stipulated in the contract. Good thing the government did not accept. Political suicide if it came to light. Wag na tayo pauuto. Let us keep the politicians accountable.
Pray hard for the Pillipine people to not borrow so much from China. Its an unfare agreement I guess. China eventually will gain everything yet every single penny is paid by the Phillipines. Using loan money from China to pay Chinese construction companies n Chinese workers. Most likely, like Greece, Myanmar, Sri Lanka etc, cannot pay back n all those projects esp sea port n logistic infrastructures will have to surrender to China for at least 50yrs.
It's actually fine that China did not fund the majority of the projects in the country, as most of their loan terms are unfair. Although the country definitely needs some funding, there are other sources that are safer and would not lead the country into a debt trap. I'm not saying not to get a loan from China entirely, just that it's fine to take fewer loans from them.
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US.
Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures
there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
@@milomilo417 Is this a troll account? It's amazing how much this doesn't make sense 😅
They have some of the lowest rates around with only 2% and sometimes even lower. Compare that to the standard 6% commercial rates. Just a few months ago, they just forgave a bunch of african loans, and almost all of them were interest-free (Google it!). Mostly they agree to restructuring, refinancing or extending period of payments.
I suggest you don't just confine yourself to western media when it comes to china, they are always twisted to a negative or outright lies.
@@flc23 Just search youtube with "china cities" or "china infrastructures". US infrastructures are almost all dilapidated and look like third world compared to china's infrastructures.
@@rap3208 Yes but have you also heard of the tofu dreg projects in China? More importantly they are aggressively intruding on other countries. It's not about who is better, it's about their treatment to other smaller nation like the Philippines. If China's treatment is the same with the US for example just giving scraps and left overs equipmens then they are basically the same. The only difference is that the US have a treaty with the Philippines.
KEVIN JOHNSON , don't show to the public your IGNORANCE .
I hope more countries can help poor Philipines. Love Philipines from Singapore. My two maids are from Philipines.
Until gold standard return
Philippines can help itself by fighting corrupt goverment officials
@@odinnido8299 this one is definitely mocking. They think highly of their artificial little village hahaha
@@odinnido8299 It's called satire 😂
@@odinnido8299 rip reading comprehension
The Philippines got dodged the bullet here. It would have been fleeced rather than getting investments if things had gone through. Imagine paying highway robbery rates with predatory repayment clauses for infrastructure that would begin falling apart in 2 or 3 years as a lot of these overseas Chinese projects are doing right now.
Just checked thru Google. The main Philippines creditors are Japan, USA, UK & Netherlands.🙄
Let's petition China to make the Philippines part of China. We can still have the Filipino Hispanized culture & just replace English with Mandarin. One country, many cultures. China already has a more modern infrastructure than the US, & It will surely develop the Philippines so well just to spite the US.
Pinoys are tired of democracy & poverty, China will be the magic wand to develop the Philippines. Already, 80% of the Philippine econony is controlled by Chinoys, why not make things official so China can develop our physical infrastructures
there will be GREATER Philippine pride under China once China develop the infra of the Philippines to spite the US. As it is, Filipinos have NO PRIDE under democracy & poverty.
@@milomilo417 ur nuts....just go by yourself...
Your analysis about China becoming a world dominant country is partly correct but😊 vastly wrong. You see in the last 20 years China,s economy continue to rise it only since 2010 it increases exponentially and replaces Japan as number two riches nation in the world.
We got few bridges built around pasig river. China got their several small islands with military infrastructure so far with the deal. Who got the better deal so far? I say cancel the deal and get our islands back and pay back China with the cost of the bridges
Not me though... I see right through u Xi... 😡
đừng bao giờ tin vào lời Trung Quốc đàm phán hãy dự phòng một bước đi cho mình ở đằng sau khi chơi với Trung Quốc
China consider Philippines as the Spanish mudblood. Unlike Northeast Asian countries, Philippines has low GDP.
the philippines i closly tied to the usa...by history or by # of filipinos in the usa vis a vis with that with china...s long as japan is allied with the usa, japan will be a partner of the philippine...economic or military...
Wrong data & info. !
Why....any contries helped the phil with regards to wps...is US helped during.the invation of china..in wps.!!
China didn't fool The Philippines. The Filipinos just made a fool out of themselves.
"Cough" Duterte
As the saying goes Fool me once, shame on me but if you fool me twice shame on You! China from the Philippines k!
its was the aAmericans from the beginning of modern world thingking that people around the world is gullible
Bait of 24b promise in exchange for the whole country. That's in mind of xi
I thought Marcos is different from Duterte. Pro-China din pala...
This blog forget to mention that the Davao-Samal bridge already started and it's a 19Billion project and funded by China. Guess you need to do more research.
daing nagsasabi kano is bad, tsai is better kaya tuwang tuwa sila sa negosyo, parang saying na angkinin mo na ako ng buong buo: west ph sea pati islas pilipinas tuwa ako.Gising!!!