China ‘backed out’ of funding three railway projects, says DOTr execon July 15, 2022 at 3:20 pm on July 15, 2022 at 3:20 pm

The Chinese government did not act on the Duterte administration”s request for loan financing for three major railway projects, therefore it is considered withdrawn and has to be renegotiated by the current government, a top official of the Department of Transportation (DOTr) said Friday.The Chinese government did not act on the Duterte administration”s request for loan financing for three major railway projects, therefore it is considered withdrawn and has to be renegotiated by the current government, a top official of the Department of Transportation (DOTr) said Friday.Read More