(Radio Free Asia) The Philippine president is willing to cooperate on infrastructure projects with a Chinese state-owned giant, his office said, although the U.S. has blacklisted the firm over its links to the militarization of Beijing’s outposts in the South China Sea.
In 2020, the United States put China Communications Construction Co. Ltd (CCCC) on a list of companies involved in projects that were part of Beijing’s “expansionist agenda” in the contested waterway.
On Monday, President Ferdinand Marcos Jr. met with CCCC officials during their courtesy call at Malacañang Palace, the palace said in a statement.
CCCC “has committed more investments to the Philippines particularly through public-private partnership (PPP),” the statement said.
“The president said the central part of his government’s economic policy is the establishment, endorsement, and promotion of PPPs, in which the CCCC could participate,” the statement added… Read More
