The Philippines received the second-lowest level of overseas direct investment (ODI) coming from mainland China to the Association of Southeast Asian Nations (Asean) in 2013, next only to Brunei, which got the least ODI.
The Philippines captured only1.4 percent of China’s $5.74 billion investment in the region last year. Only Brunei, which got a 0.2 percent share of China’s ODI outlays, ranked lower, Chinese Ambassador to the Philippines Zhao Jianhua said during a welcome dinner hosted by Philippine Chamber of Commerce and Industry (PCCI).
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