Philippines Says Chinese Firms Keen to Invest Despite Tensions
Chinese companies are still interested to invest in the Philippines despite the nations’ dispute in the South China Sea, a top Manila trade official said on Friday.
Some of the biggest Chinese firms in renewable energy and electric vehicles have expressed “very strong interest” to expand in the Philippines, Trade Undersecretary Ceferino Rodolfo said in an interview with Bloomberg Television in Hong Kong on Friday. He declined to identify them.