China in Philippines

Inside a Chinese gambling entity:
What happens, who works, how?

by * Alvin A. Camba, Contributor/Fellow, Philippine Center for Investigative Journalism

In the bustling offshore gambling industry in the Philippines today, a conservative estimate of 100,000 people work. About 90 percent of them are mainland Chinese. In this interview, a Chinese customer service worker talks about how and why they came to the Philippines; their living and working conditions; incidents of misbehavior; and how the shops […]

Read more… | Posted Thursday, May 9th, 2019

Where is China money going? Gambling,
real estate, tours, big cities big winners

by Alvin A. Camba, Contributor/Fellow, Philippine Center for Investigative Journalism

The biggest recipient of Chinese foreign direct investments in the Philippines these days is the online or offshore gambling industry. Since Duterte assumed the presidency, real-estate companies, tours, hotels, and entertainment, as well as services across Metro Manila, Cebu, and the major cities have drawn the bulk of Chinese FDIs, after wholesale and retail. THE […]

Read more… | Posted Thursday, May 9th, 2019

The ABC’s of Chinese State-Backed
Finance, Foreign Direct Investments

by *Alvin A. Camba and **Stella Hong Zhang

WHEN PROVIDING Official Development Assistance or ODA, Western donors typically require the recipient states to adhere to international political norms, such as the ratification of human rights, fiscal austerity, bank secrecy laws, and environmental standards. For the World Bank or Asian Development Bank, these include the implementation of market-based mechanisms, macroeconomic reforms, and removal of […]

Read more… | Posted Thursday, May 9th, 2019

China Money: How the Numbers Differ

RICHARD JAVAD Heydarian, a resident commentator of GMA Network, has repeatedly pointed out that China has fooled the Philippines into giving up the South China Sea in exchange for unrealized capital. In numerous articles published across popular venues, Heydarian draws his conclusions based upon the Philippine Statistical Authority’s (PSA) data, which only shows aggregated committed […]

Read more… | Posted Thursday, May 9th, 2019