Senators prefer to partner with Japan than China on railway projects

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Senators Grace Poe and Risa Hontiveros questioned why the government partnered with China on three railway projects as it has a higher interest rate on loans than Japan. | DFernandezINQ

China’s interest rate on loans is 3 percent while Japan’s is 0.01 percent.

Hontiveros shared the same sentiment: “Nakikiisa po ako du’n sa vision ng gentleman from San Juan na oo nga, ang railway system pwede talagang maging backbone ng ating ekonomiya.” “Second, Japan, through the [Japan International Cooperation Agency] and [Asian Development Bank], has been extending friendlier terms for the country,” he added.

 

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DFernandezINQ Bakit naman eh sino na aamoy sa pwet ng China, si Duterte at Marcos nlang? Eh si ate Glo maka China din hala palo kayo😂

DFernandezINQ Malaki Kasi pakinabang Bago pa ba yun

DFernandezINQ Tanong nyo kay BUANG!!

DFernandezINQ Same reason why Deped got celeron when ot could have M1 instead.

DFernandezINQ Because the China deal comes with better kickbacks.

DFernandezINQ Mas malaki magbigay. Kailangan pa bang imemorize yan?

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