💡 Trivia Before Duterte, Arroyo did the investment surge at 950% -- study

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Arroyo had “publicly embraced China as a friend” despite the two countries’ maritime disputes, according to the report, which AidData representatives presented to the media on Thursday, September 12. As a result, Beijing’s development finance to the Philippines spiked by more than 950% during her presidency (from US$88 million to US$931 million), particularly in energy and telecommunications projects.

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