Marcos attracts Chinese aid for economic recovery

In the clearest indication yet of his preference for maintaining warm relations with Beijing, President-elect Ferdinand Marcos Jr. has described China as the Philippines’ ‘strongest partner’.

Speaking to the Association for Philippines-China Understanding (APCU) this month, Marcos made it clear that he would prioritize a network of “partnerships and alliances” to boost the Philippines’ development, but single out China as crucial. for maintaining “the stability of our economic recovery” amid the ongoing Covid-19 pandemic.

In fact, the incoming Marcos regering government has identified economic recovery and growth as a top priority in the first year of his term in office. It also has underlined his commitment continue ambitious President Rodrigo Duterte”Build, Build, Build” infrastructure development initiative.

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