Promises of a significant economic boost from the Duterte administration’s pivot to China and Beijing’s ambitious Belt and Road Initiative (BRI) remain just that, given current realities, Japan’s Nomura indicated.

In a report titled “Belt and Road: Globalization, China style” released on Tuesday, Nomura tagged the Philippines, along with Pakistan, Bangladesh and Malaysia, as likely gaining the most in terms of infrastructure-related investments.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details