Philippine deals with US, Japan will not affect China’s investments, Marcos says

April 15, 2024 - 9:32 AM
Philippine President Ferdinand Marcos Jr. attends a press conference, held with German Chancellor Olaf Scholz (not pictured), in Berlin, Germany, March 12, 2024. (Reuters/Liesa Johannssen)

 Business deals that the Philippines secured at a summit with Japan and the United States will not affect China’s investments in the Philippines, President Ferdinand Marcos Jr said on Friday.

“This (trilateral agreement) is separate from any proposed or potential Chinese investments in the Philippines. How do I see it, how will it affect? I don’t see that it will affect, one way or the other,” Marcos told a press conference in Washington after the summit.

— Reporting by David Brunnstrom in Washington and Mikhail Flores in Manila