China’s Belt and Road plan to benefit PH, Asean

The Association of Southeast Asian Nations’ (Asean) looming economic integration and the China’s Belt and Road initiative will shape the development of the region’s economies, in particular the Philippines, Finance Secretary Carlos Dominguez III said.

During the recent 7th Executive Board Meeting of the China-Asean Bank Association (Caiba) at Shangri-La at the Fort in Taguig City, Dominguez said China and Asean’s move to ensure the fast flow of trade in the region is “most fortuitous for the Philippines.”