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Opinion

Duterte's elusive Chinese investment bonanza

Beijing has lured Manila with promises that are so far unfulfilled

| China
The plan to let China Telecom enter the market is the latest among the Philippines' moves to bring in Chinese investment.   © Reuters

Since Rodrigo Duterte's ascent to presidency, the Philippines has been abuzz with anticipation of large-scale Chinese investments. In a sign of the continuing drive to bring in Chinese money, the Southeast Asian country is now opening up its telecommunication sector to Chinese investors.

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