Chinese Vice-Premier Wang Yang kicked off a visit to the Philippines on Thursday, with a package of deals and loans worth more than US$6 billion in tow.
Wang is expected to oversee the signing of multiple agreements during his four-day visit, including a US$1 billion deal for agriculture exports, and financing for 15 infrastructure projects including two railways, a hydroelectric dam and an irrigation system.
China will also establish a six-year programme to develop economic ties, and make a US$1 million donation to quake-hit Southern Mindanao.
Relations between Beijing and Manila have improved in recent months after years of
source http://www.omnipopmag.com/2017/03/17/chinese-vice-premier-heads-to-philippines-with-us6b-gift-basket/
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