Did China Buy the Philippines With False Investment Promises?


On this episode of China Uncensored, the Chinese regime promised the Philippines that they’d totally give them billions of
dollars. How’d that turn out? Hi, Welcome back to China Uncensored. I’m your host, Chris Chappell. Rodrigo Duterte. President of the Philippines, and Vladimir Putin wannabe. When he ran for office, he was so outspoken against China’s territorial claims in the South China Sea, that he pledged to stop them with a move even Putin would have admired: He promised to ride a jetski to disputed islands and plant the Philippines’ flag. Of course it would have really impressed Putin
if Duterte had pledged to ride the jetski while shirtless. And on a horse. But after taking office in mid-2016, Duterte did a full 180, but not on a jetski. In fact, he put that jetski back in the shed
to gather dust. In Duterte’s first official meeting with
Chinese leader Xi Jinping, he didn’t even bring up the territorial
disputes— even though an international court had just
ruled in the Philippines’ favor. Duterte even turned his back on long-time
ally the United States as he jumped into Xi Jinping’s loving arms. “‘I announce my separation from the United
States,’ those are the words of Rodrigo Duterte in
Beijing on Thursday, capping off a trip to China where he’s won
a whopping 13 billion dollars in business deals.” Duterte saw Chinese investment as key to his “Build, Build, Build” strategy. He wants to usher in a golden age of infrastructure
development through a six-year, 180 billion dollar spending
spree. And when the dust settled from Duterte’s
charm offensive in Beijing, China pledged to provide the Philippines with
24 billion dollars. That would include 15 billion in foreign direct
investment, plus 9 billion dollars in aid. That aid alone would be 20 times more than
what the Philippines got from the United States
in 2016. So, sure the US has been an ally of the Philippines
for decades, but, I mean…billions of dollars? For billions of dollars, who wouldn’t cuddle up with China? But you know what? Sometimes, China can be so forgetful! See, when the South China Morning Post did
a spot check on China’s investment commitments earlier
this month, they asked, “What happened to the billions China pledged
the Philippines?” And it turns out the answer is…not a whole
lot. Of its 24 billion dollar pledge, China so
far has made good on only one billion worth of Foreign Direct Investment. Add to that just a single finalized loan agreement
of $73 million dollars. And China gave the Philippines 75 million
dollars in direct aid. That was in the form of grants to build two
bridges in the capital of Manila. Chinese Ambassador to the Philippines Zhao
Jianhua was at the groundbreaking ceremony last month, holding a golden shovel alongside other men, also dressed inappropriately for construction. Ambassador Zhao said that “the bridge projects
will further add strength to the ‘Build, Build, Build’
initiative of the Philippines.” And he tried to assure everybody that “China’s
loans to finance infrastructure projects will not
make the Philippines fall into a debt trap.” And you know what? I believe him. At least for now. Because for the Philippines to fall into a
debt trap, China would actually have to lend them lots
of money. And so far, that tap’s been pretty dry. They’ve only received less than 5% of what
China promised. It’s like they ordered a hamburger, and the waiter brought them a shriveled piece
of lettuce. Now to be fair, the holdups on the money weren’t all from the Chinese Communist Party. As the South China Morning Post points out, some projects were delayed by the Philippines
or cancelled. And more may be coming soon. Now on the one hand, the slowdown in investment is actually good news for the Philippines. It means they haven’t fallen into the Chinese Communist Party’s debt trap. Like Sri Lanka, or Pakistan, or Djibouti, or Laos, or Cambodia, or… well, the list goes on. But on the other hand, in order to get the
promise of Chinese aid and investment— even though it’s unfulfilled so far— Duterte has already made a lot of concessions that have angered Filipinos. At a February meeting of the Chinese Business
Club, Duterte complained that China was pinching
its pennies. So to get China to loosen its purse strings, he joked that China should just annex the
Philippines and turn the country into a Chinese province. “Why are you so sparing? If you want, just make us a province, like
Fujian: Province of Philippines, Republic of China. Problem solved. Everything will be for free.” Everything will be free? Maybe someone should tell Duterte that’s not how communism actually works. Now while Duterte’s joke seemed to make the Chinese ambassador smile, it didn’t go over so well with the citizens
of the Philippines. A few months later, banners calling the Philippines a “province of China” started popping
up on bridges in Manila. And I’ve got to give them props. No, I mean, Filipinos are using lots of props to express their anger at Duterte. The Philippines, province of China banners are slightly more subtle than the guy with the “China Out” hat. Or this effigy of the president’s head tied
to a makeshift train. Which was then set on fire. That happened on the day of Duterte’s state of the nation address in July, when thousands took to the streets, and not exactly to show their support. Meanwhile, Duterte blamed bloodsucking bureaucrats for the lack of money for his infrastructure
dream. “Corruption is like a leech that bleeds
the government of funds, programs and infrastructure and social development
projects.” To be fair, people are angry at Duterte for
a lot of things. But among those things, he’s blamed for making one-sided concessions
to China on sovereignty, with nothing to show for it in return. And it’s not just Duterte’s refusal to
plant his flag in the South China Sea. Which—let’s be honest—even I’ve done
that. Duterte also proposed a highly controversial
sharing deal with China on a planned joint exploration
of resources in a part of the South China Sea that the
Philippines claims. Under the arrangement, the Philippines would get 60% and China 40%. But critics say this is a bad deal because it solidifies China’s claim there. But don’t worry! Duterte isn’t giving up on enforcing the Philippine’s claim to the South China
Sea. He’s fully committed to imposing it… in the year 4001. When he’ll ride to the Scarborough Shoal and plant the Philippines flag… on a space jetski. While shirtless. And on a horse. A space horse. And before you go, it’s time for me to answer
another question from a fan who supports China Uncensored on the crowdfunding website Patreon. David Michael White asks, “Among your many overseas adventures, which hotel did you like the most?” Why, it was the Jia Jia Hotel in Taiwan! They were super friendly and had interesting
rooms, and they were in good locations in Taipei
and Tainan. Also, I can’t say no to free breakfast! Now on one hand, I am saying that because
the Jia Jia hotel was a sponsor of China Uncensored— and I have a lot of love and respect for the companies that support us. But on the other hand, I don’t have much
to compare it to. The truth is, I don’t usually stay in hotels while traveling. China Uncensored doesn’t exactly have a
big travel budget. For most of our trips, the crew and I save money by staying in people’s
homes, or in AirBNBs. But for all the hotel owners out there watching
this episode, if you have a five-star hotel and want to
sponsor our crew next time we travel, I’m very open to updating my answer to this
question. And for everyone else watching, what do you think about China’s investment commitments to the Philippines coming up short? Leave your comments below. Once again, I’m Chris Chappell. See you next time. Remember: China Uncensored is supported mainly through support from viewers like you. If you can, check out our website, patreon.com/chinauncensored and contribute a dollar or more per episode. You’ll get some neat perks, and maybe we’ll answer your question on the next episode.

Paul Whisler

100 Comments

  1. Communist Chinese are predators, thieves, liars and betrayals..!!

  2. you just made enemies with the 80+% of filipinos who like duterte. that's like more than 50 million enemies LOL.

  3. China didn't care for the Philippines in the past and they don't now.

  4. Duterte thinks he is in a honey moon with China. He is even willing to give away his own country for a few dollars. He is a total idiot!

  5. you know what …conments in this section are part of oligart…jst wait dnt judge early..im a filipino i know whats going on here ..the real truth.. you people are part of those idiots jst wanted to take our president down..only filipino knows everything here..mind your own business…idiots

  6. Duterte is smarter than all of u here.. bfore he moves in he knows already about that and he has already a plan that reverseable of what u think.. he is just showing like he is a fool.. but evryone who belivs to that they got fooled by dutertes plan.. 😅 china might fall into his dutertes plan not him to china.. u better watchout at observe..

  7. Mark my words brotha! THIS CCP OR CHINA IS SLOWLY FALLING INTO DUTERTES PLAN. DUTERTE IS SMARTER THAN WHAT U GOT INSIDE UR BRAIN.. ITS JUST A SHOWING OF FALSE FOOL… IN RETURN HE MADE U FOOL..OBSERVE THE PHILIPPINES BROTHA

  8. Back in 2003, there were chinese prostitutes in a McDonalds in Sta Cruz, Manila. Chinese invasion started then, and local chinese knew its coming.

  9. Debt trap. Oh oh we're in trouble.. nothing is free in the world alright, Nothing is free.

  10. Lumina events modeling agency in Manila is hosting underground gambling events for the Chinese. Jackie Chans brother has been seen at these events. They are hiring models to attend these events and take pics with the businessmen from China. Filipinos are selling their own country out.

  11. filiipino chat:na unsaon naman nato ni hapit na human sa pilipinas ahh pilipinas baya ko ginoo ampo nalang ta
    engelish chat:what happend the pilipines is now ending im from pilipines i have nothing to do with this im going to pray always the riot happend

  12. May god bless PH and china must help PH and must not put china into debt trap. China must help Sri Lanka too and not put debt trap.
    World is watching, if u you trap them, china will forever loose their trust and honesty.
    Let us see what china is helping in next 6 months.
    China should help srilanka reduce its debts.
    Chinese have investments in Sri Lanka.
    No corruption.
    No mistakes please china, don't misuse ur chances.
    These countries need help, please do the necessary but not sell weapons to them.
    Its now and urgent.

  13. We still need China as the ally of the Philippines for further good governance and industrialization.

  14. Money is just nothing!! if they sell the philippines i won't agree to that.land is more important than moneyy

  15. I feel bad for Filipinos being sold to China unaware. WAKE UP PHILIPPINES It's never too late

  16. Even USA has so much debt and China owns a good chunk of it.

  17. If u hate duterte lets vote Donald trump to be the PRES. in the PH

  18. PangAsar sa kanila, Para ma High Blood, Para ma stroke sila

    Petition to Impeach Duterte, Symbolic but make it into the news! Spread far and wide!

    https://www.change.org/p/gary-alejano-impeachment-of-president-duterte

  19. DONT TRUST CHINA DONT TRUST DUTERTE FUCK YOU DUTERTE YOU ARE AN ASSHOLE THE FILIPINO HATES YOU FUCKING ASSHOLE GO TO HELL YOU FUCKING IDIOT

  20. THOSE DUTERTE FUCKING FANATICS HAS NO BRAINS NILOLOKO NA NGA TAYO NAGPAPAUTO PA KAYO FUCK YOU

  21. PUTANG INA MO DUTERTE MAMATAY KA NA SANA KASAMA NA ANG BUONG PAMILYA MO FUCK YOU KA BINENTA MO NA ANG PILIPINAS SA CHINA GOVERNMENT ANG TANGA TANGA MO BOBO KA PUKING INA MO

  22. Looking at these overseas bases, you have to worry for India and Vietnam in the next 50 years. They are getting a lot of noisy neighbours

  23. Can u shut up.. deuterium wl have 5 presidents to make Philippines richest on earth.. So shot up

  24. Its like duterte is betraying us now he’s planning to resign for his presidency what the fuck is that?

  25. Debt trap. I've never fall in one. Keep your filthy money. I only accept charity😂😂

  26. So to cover up his embarassment, Duterte taxed the people double just to pay for his ambitious build x3 infra-projects, and still say it is from the fruits of his China pivot.

  27. Don't trust a Chinaman! Don't trust a Russian! Don't trust an Englishman! Don't trust a Frenchman! hahahahhahaaa!! Only trust your Dog!!

  28. We don't hate our president. In fact, we support him. Come to our country and see it yourself.

  29. Just to remind you that in the past USA supported a despot called Marcos Fernandez. He and his wife stole billions of dollars from the country, leaving the people of Philippines so poor. Some one billion US dollars have been recovered and returned to Philippines.

  30. Duterte used 24 million dollars from China , later ask US to hit war China of course the money free of charge . This mafia Duterte pritending honest to the world , while he is the best liar and American becoming buldog of him . Philipines peoples don't know that their presiden planning can give away the Philipines nation to China easily .

  31. So Chris I called T-Mobile and I was connected to the Philippines so does that mean that China now has control of T-Mobile or maybe will in the future have access to all the American T-Mobile customers just wondering if there's a plan in there from China

  32. I think their are people their in the Philippines.that are worried about China.take in over .the Philippines.

  33. THIS VIDEO IS LACKING OF INFORMATION ABOUT PRESIDENT DUTERTE'S GOOD DEED . PILIPINO LOVES DUTERTE.

  34. I am Filipino but I like duterte doing it to my country! You western people just leave us alone if you want to fight China go ahead do it for your self!! 9

  35. Duterte our President is A STUPID , INSANE OLD MAN. !!!!! I pray he will die in his sleep tonight.

  36. Lol. Magkamatayan muna bago mangyari yan. I'm willing to serve my country 🙂

  37. SIGE KAYO, SISIGAWAN KAYO NI LOLO [email protected]@@ Patay kayo mga senadors na wala ginawa sabi ni ex-president MARCOS kay princess daughter nya senator IMEE MARCOS.. Aba meron.. MAG GOLF. PALO BOLA. .
    https://youtu.be/iSb6aEGCRxo

    https://youtu.be/s4fqMV7N1IY

  38. Breaking News: We just sold one of our islands here in Philippines to China.
    Plot Twist: It is where our first declaration of independence happened.
    #AngryFilipinaHere

  39. Duterte is the president that hypnotized every filipino into thinking everything wrong.

  40. Lets build philippines for our own self. .not to ask money in china. .why are we pilipino just ignoring this situation? dutertard.your paid in your action by china

  41. DUTSTETE IS A SUCKING FOOL , COWARD AND A TRAITOR….ONLY FEW MORONS BELIEVES HIS UGLY AZZ LIES AND BUBBLING BIG MOUTH FULL OF MAGGOTS!!!!

  42. due you are just stupid ..why not make a video about USA debt of 23 Trillion DOLLAR? almost 2 TIRLLION of it comes from China😂😂😂😂😂..

  43. What a pos, to all of you Philippinos living on the islands today.
    Hold on to your panties, you will soon be part of the Chinese regime…..
    When they get there claws into your country, that comunist dictatorship is never going to leave

  44. Duterte turned her cheeks on China's claim to SCS 9 dash lines. Xi must be receiving flack from CCP. How can he trust a nation that is an ally of the US for over 100 years? Much longer than the US NATO alliance, practically.

  45. sana mabalik na sa pilipinas ang pag mamay ari nito para mabayaran ang utang natin sa china para mapaalis na ang mga chinese national sa bansa at wla na banta sa ating bansa at mabalik na rin ang original na pangalan ng pilipinas na kingdom of maharlika at wla nang mag hirap sa pilipinas at makauwe na yung mga ofw sa ibat ibang bansa

  46. The President knows how to play his game… He Is more concern about poor Filipinos who make up the majority of the population. Hostile actions towards China will more likely to result in a decisive war, even US and allies will be on our side the Philippines will be the battle ground and the poor will suffer whereas the rich oligarchs will just flee the country when war brokes out… Well as the President qoute 'there is time for everything' maybe not now..

  47. I fucking hate China these bastards will ruin our country I fucking hate them with their sharp eyes and their ugly faces and disgusting attitude they make me want to go racist at them no one not even a Chinese bastard will destroy and capture our country

  48. China is a thief in a broad daylight, an expert of corruption which they share wherever they go…. they are the REAL CROCS ….. SHAMELESS BEING like IRRATIONAL ANIMALS ….. DISHONEST and CANNOT BE TRUSTED. 👍😳😳😳

  49. i'd rather the Philippines be the 51st state of the US than be a province of China.
    There's no benefit to being a Chinese stooge

  50. An idiot who's hatred for America obscured his mind to reality. China is using the barbarian strategy on duterte. He's so crude and conceited, he can't see he is handing 9ver future claims of Territorial waters to China. His leadership skills are poor. All he knows is violence from his past as a thug. I agree with his policies on the drug war but he has no understanding of inside POLITICS and he's getting exploited, and his country WOULD be a subject to China if it weren't for the US PUTTING CHINA ON CHECK. Now what do we do with duterte and the Philippines. He could have been a friend. The people of the Philippines must understand dutertes stance against America will spell hardship for their lives.

  51. Duterte is playing double game with China and US. Finally the price will be paid by the Filipinos and Philippines.

  52. ASK CHINA TO ANNEX THE PHILLIPUNES….??

    THAT IS THE BEST ADVICE FROM THE PHILLIPINES PRESIDENT….!🙏👍❤️

    PHILLIPINES BIGGEST CRIME TO ITD LAND AND PEOPLE IS THE OVER-POPULATION…!
    ALL THE YOUNGSTER THINK ABOUT IS SEX, SEX SND MORE SEX…!

    THOSE ILLITERATE AND UNEDUCATED AND ARE GRIPPED WITH ABJECT POVERTY ARE THE BIGGEST CULPRIT…!
    THE PHILLIPINES TOO LOVE TO GAMBLE…!
    THEY HOPE THAT ONE OF THEIR MANY CHILDREN MAY BE SUCCESSFUL AND WILL LIFT THEM ALL OUT OF POVERTY….!
    THE PARENTS ATE THE REAL CULPRIT… THEY WOULD RATHER THEIR MANY CHILDREN DROP – OUT OF SCHOOL AND PLY THE STREET TO BRING BACK A FEW PESOS FOR THEIR EXTENDED FAMILIES…!

    THAT LITTLE MONEY THAT COULD GO INTO SAVINGS ARE SPENT ON CANDLES AND DONATION TO THEIR CATHOLIC CHURCH….!

    THE GOVERNMENT NOR THE CHURCH INSTITUTION HAS DONE ANYTHING POSITIVE TO BREAK THESE VICIOUS CYCLE…!

    IF ANYTHING THE VATICAN IS ADVISING THE CATHOLIC FAMILIES TO HAVE MOTE CHILDTEN GIVEN THAT THE NUMBERS OF CATHOLIC ARE FALLING DRASTICALLY IN THE EUROPE AND NORTH AMERICA….!

    IF CHINA TAKES OVET THE PHILLIPINES , THE 1ST THING IT WILL DO IS TO IMPLEMENT A ONE CHILD POLICY.
    MINIMUM AGE OF MARRIAGE …!
    AND THE ABORTION OF ALL ILLIGTIMATE FOETUS….!

    EVERY TALENT SHOW FROM ASIAN GOT TALENT, BRITAIN & AMERICA GOT TALENY.. THOSE PARTICIPATING FROM THE PHILLIPINES HAVE THE SAME SAD STORY TO TELL. AND MAKES US ALL FEEL GUILTY FOR HAVING PARENTS AND A GOVT THAT WORKS HARD AND ARE TRULY RESPONSIBLE FOR THEIR CHILDREN'S WELL-BEING….!

    NOT A SINGLE CONTESTENT HAD EVER RAISED THE ROOT PROBLEM OF THEIR POVERTY NOR HOW TO HELP COMBAT IT…!

    THOSE CONTESTANT WHO FAIL WOULD MOST LIKELY CONTINUE THEIR TRADITIONS OF THEIR PATENTS AND THE CYCLE GETS BIGGER AND THE NUMBER OF STREET CHILDREN'S MULTIPLIES….!

    IF THE PRESIDENT OF THE PHILLIPINES DOES NOT HAVE THE BALLS TO ADDRESS THIS PRESSING ISSUE THAN LET CHINA HANDLE IT…!

  53. Sinakop yung front ng bahay mo, nag install ka ng security sa likod ng bahay mo. Ganun katanga yan.

  54. Philippines was able to build big projects without borrowing from china. Why borrow now? The skyway from south to north is about to get completed, the sctex is also more than half completed. These are some projects from previous presidents. This term theres a lot of new added tax and we still need to borrow? This motherfckng president curses priests and other countries but when china bully Philippines he cant say nothing, POGO is now strategically build near our military bases and only chinese are employed.

  55. Id rather choose america than china. Choose the lesser evil. We did not experience this big disrespect when americans were here. We should have borrowed money from america not china. Philippines can pay it faster coz many of our ofw earns us dollars then send it to their relatives which our bank convert to ph peso.

  56. Does the Phillipines need China?
    No!
    Does the Phillipines need the USA?
    No!
    Does the Phillipines need Japan?
    No!
    Does the Phillipines need ASEAN?
    Maybe on it's own rules.
    Don't go the road of the EU, stay a trade alliance!

  57. This never happened….and it would never be happen….. so your news is too exaggerated like what you reported about hk situation.

    Mr reporter you better shut your mouth for exaggerated news….our presidents knows how to dance to different music.

  58. THE TRANSCRIPT: "Did we say billions of dollars? I meant PESOs! My bad. So here's the equivalent… $100 USD. See ya, Suckers!"

  59. Philippines didn't turn their back in the US, Obama administration turned their back on the Philippines

  60. Personally, I don't trust alliance because eveyone is an enemy when it comes to money and politics.

  61. Let's be open and real about this. Regardless of ideology, between countries there is never a 'no-strings-attached' aid.

  62. Duterte is just playing his cards with the Chinese right now cause America is choked with the Chinese situation

  63. Yes Duterte was sold out. The amount of investment promise was not even half and even so China is smart in their dealings with Duterte coz the Chinese knows he doesn’t like the west and he is like a baby with tantrum when it comes to the west.

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