#China #ChinaNews #Asia #usa #philippines #japan #railway #train #project #invest #economy #war
Since the beginning of this year, a series of disputes between the Philippines and China over the South China Sea have led to increasingly tense relations between the two countries. This series of frictions not only led to China's reduction of 300,000 tons of Philippine banana imports, but also prompted China to withdraw its investment in the Philippines, which in turn affected several railway cooperation projects originally planned by the two sides. These projects were originally expected to be funded by China, but as the cooperation broke down, the Philippines had no choice but to give up and began to look for new partners around the world to fill this gap.
Against this background, the Philippines put forward a shocking idea in the trilateral talks held with the United States and Japan in April this year: it hoped that the two countries could take over these railway projects with a total value of up to US$800 million. Although this proposal is very beautiful, many experts question whether this change will lead to the failure of the project. So, how important is this railway project to the Philippines? And are the United States and Japan really capable of completing the construction of this railway?
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