Ricky Carandang follows the money....to China
Manuel QuezonIII has more HERE.
Far Eastern Economic review HERE.
Global Security has background HERE.
More from IHTribune...:
Summary: there is oil/gas off the coast of Viet Nam in the Spratlys...and everyone nearby wants it...so did the Philippines exchange their claims (and help push out the Vietnamese) for development loans badly needed by the Philippines?
...Not my area of expertise so I hope I got that right...
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