Philippines to exit from China's Belt and Road Initiative

MANILA: In a significant development with geopolitical implications, the full termination of major infrastructure projects under the Belt and Road Initiative (BRI) has been announced by the Philippine Department of Transportation in favour of competitors from the West and Japan, as reported by Asia Times on Thursday.
As per the Philippine Senate, doubt now shrouds nearly all of China's crucial investment initiatives in the Philippines, owing to economic and political factors.

This has led to a new low point in Philippine-China relations, marking a drastic reversal from the six years of warm engagement during the pro-Beijing Rodrigo Duterte presidency.
China's diplomatic approach in the Philippines under President Duterte faced criticism for being dubbed "pledge trap" diplomacy, involving substantial investments in exchange for concessions in the South China Sea. However, a vast majority of the promised $24 billion in infrastructure projects failed to materialise, as reported by Asia Times.
In the aftermath of a recent collision between Chinese and Philippine sea vessels, U.S. President Joe Biden made it explicit that, in adherence to the terms of the Philippine-U.S. Mutual Defense Treaty (MDT), the United States will respond to any attack on Philippine ships, aircraft, or soldiers stationed in the South China Sea.

The Philippines' apparent departure from the BRI is rooted in deep-seated bilateral issues concerning contested territories in the South China Sea. The Marcos Jr. government recently voiced its concerns regarding China's intimidation of Philippine patrol and resupply missions in and around the Second Thomas Shoal, where Manila maintains troops stationed on a grounded ship, Asia Times reported.
Shortly after the collision, Philippine Transportation Secretary Jaime Batista announced the scrapping of $4.9 billion worth of Chinese major infrastructure projects, which included two railway projects in Luzon and another in Duterte's home island of Mindanao.

"We have three projects that won't be funded by the Chinese government anymore. We can't wait forever, and it seems like China isn't that interested anymore," Batista disclosed during a forum organized by