South China Morning Post • 7/21/2026

Chinese financing in the Philippines has remained strong despite tensions in the South China Sea, contradicting the belief that funding decreased under President Ferdinand Marcos Jnr. Recent data shows that Chinese capital has continued to support Filipino businesses, highlighted by a US$3.9 billion syndicated loan to telecommunications company Dito Telecommunity in 2023, marking the largest ever China-backed private-sector loan to the Philippines, according to AidData.
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