CHINA has pledged 500 million Renminbi (RMB) or about P3.8 billion in grants to the Philippines, Malacañang said on Wednesday, following President Rodrigo Duterte's bilateral meeting with his Chinese counterpart, Xi Jinping, on Tuesday in Hainan.

Duterte and Xi held a bilateral meeting on the sidelines of the Boao for Asia Forum before the President left for Hong Kong to touch base with thousands of Filipino workers in the Special Administrative Region.

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