Philippines-China relations: as Manila cancels billions in Chinese rail funding, are South China Sea tensions to blame?
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
In scrapping US$5 billion worth of rail projects, the Philippines cited Chinese foot-dragging over financing – but observers speculate it was Manila’s refusal to back down in the South China Sea that caused Beijing to hold back on the cash.