Duterte will not stop being blacklisted by the U.S. Chinese companies' projects in the Philippines need Chinese investors
China News Service, Manila, September 1 Comprehensive report: On September 1, local time, Philippine Presidential Spokesperson Harry Locke stated at a live TV news conference at the Presidential Palace that President Duterte announced that he would not Following the US blacklisting of Chinese companies that have reclaimed land in the South China Sea, all these Chinese companies will continue to advance their projects in the Philippines, and the Philippines needs Chinese investors.
Locke said that the Philippines is a "free and independent country." President Duterte has formulated an "independent" foreign policy that puts the Philippines' national interests at the "core."
Currently, the biggest national interest of the Philippines is to ensure the completion of the flagship project of the “Build, Build, Build” infrastructure construction plan.
Locke said that the projects invested by Chinese companies will continue to advance, including the Sanglai Airport project that China Communications Construction Corporation and the Philippine company Hongya Corporation won the bid.
The project includes land reclamation and expansion of existing small airports.
After Duterte came to power, the Philippine government announced in April 2017 the launch of the "Build, Build, Build" infrastructure construction plan. It plans to invest 8.4 trillion pesos (about 1.16 trillion yuan) in the country in six years. Construction.
On September 1, local time, Chinese Ambassador to the Philippines Huang Xilian answered the host’s questions during an interview on a local radio program in the Philippines. He praised the Philippine government for pursuing an independent foreign policy, indicating that all related projects of Chinese companies in the Philippines will continue to move forward. Affected by external forces.
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