
MANILA -- The new government of Philippine President Ferdinand Marcos Jr. plans to renegotiate three railway deals struck with China by his predecessor, Rodrigo Duterte, an official said on Friday.
The China-funded projects include the 51 billion peso ($905 million) Subic-Clark freight railway, which links two former U.S. military bases that have been turned into commercial hubs. The project was greenlighted during Chinese Foreign Minister Wang Yi's visit last year.