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Duterte: China helped boost PH economy; cites trade hike, project financing

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By Argyll Cyrus Geducos 

President Duterte said China has helped lighten the Philippine economy and trade, and has promised to help with more government projects.

President Duterte shares a light moment with People’s Republic of China Minister of Commerce Zhong Shan during the courtesy call at the President’s Hall in Malacañan Palace on March 7, 2017. (ROLANDO MAILO /Presidential Photo / MANILA BULLETIN  FILE PHOTO)

President Duterte shares a light moment with People’s Republic of China Minister of Commerce Zhong Shan during the courtesy call at the President’s Hall in Malacañan Palace on March 7, 2017. (ROLANDO MAILO /Presidential Photo / MANILA BULLETIN FILE PHOTO)

“Would you believe it, and you can check it, dublado na lahat ang ating trade sa kanila. Pineapple, mango,” Duterte said during the 10th Philippine Councilors League (PCL) National Congress at the World Trade Center on Wednesday, March 8.

He added that according to Finance Secretary Carlos Dominguez III, China has expressed willingness to buy everything that the country can sell.

“Sabi nga, ‘Avocado, bilhin namin. Ano pa ang gusto niyong bilhin namin kasi kailangan namin yan,'” he said.

Duterte added that the aid given to the country by China has also amounted to $10 billion. China also gave $100 million for the Surigao quake victims.

“Kita mo kung magbigay ng aid? Dollars hindi pesos,” he said.

Duterte then expressed gratitude towards the government of China for the help the country has been giving despite the issue on the disputed waters.

“Kaya ganoon na lang ang pasasalamat ko [sa China], and they have really lightened up the economic life of our country,” he added.

“So let me publicly, again, thank President Xi Jinping and the Chinese people for loving us and giving us enough leeway to survive the rigors of economic life in this planet,” he added.

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  • Civil_Rights

    Pity seeing western world including US being kicked-out by DuDirty in the country in pursuit of Chinese backing and support similar to what China has done to NKorea. The question is can DuDirty guarantee PH economic progress and political stability thru backing of communist China? Chinese occupied island seems to be forgotten by DuDirty and possibly more island to offer. No wonder why DuDirty is so keen on pursuing peace unity among rebels in the country particularly with CPP/NPAs and NDFs despite of strong objection from peace committee official, his personal agenda and communistic ideology is a must.

  • freedash22

    So, China destroys the lives of our fishermen in Luzon and Palawan but brings business and livelihood to Filipino farmers across the country. This is a really tough one. I hate them but they bring business. We should use all that money to QUICKLY modernize our AFP without delay.