Philippines, China and AIIB: Opportunities amidst Challenges

The Philippines is seeing a year of impressive economic growth (at 6.3%) despite the lacking foreign direct investment due to woeful infrastructure constraints. The AIIB can be an additional source of funding for local infrastructure projects. Political disputes surrounding the China Sea disputes were not enough to trump the economic importance of this cooperation.

Lucio Blanco Pitlo III Member, Philippine Association for China Studies via CHINA US Focus http://ift.tt/1JAPunH