PHL smarter, won't fall into China's debt trap, says analyst
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«Smarter» and more experienced in managing loans, the Philippines will not go the way of Sri Lanka, which was forced to hand to China one of its ports and several acres of land when it failed to pay its debt, a maritime expert said.PHL smarter, won't fall into China's debt trap, says analyst
«Smarter» and more experienced in managing loans, the Philippines will not go the way of Sri Lanka, which was forced to hand to China one of its ports and several acres of land when it failed to pay its debt, a maritime expert said. Read more