Chinese Biggest Train Maker Eyes PH For New Business
Chinese biggest train maker eyes Philippines for new business and offers large investments including manufacturing plant in the country.
President Duterte’s administration gain respect from other countries because its leadership including China. Despite the tension rises between Philippines and China in the past due to disputed waters, the relationship of the two countries become closer.
The economic ties of the two countries start to grow due to its partnership and China described Philippines as a valued friend and neighbor.
China was sounding off to do more business here in the country and offer larger investments such as manufacturing a plant in the Philippines. CRRC Dalian wants to modernize the aging railway system of the Philippines, when their officials visits the country to affirm their solid intent.
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