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Philippines Drops China Railway Deals, Seeks Other Funders (www.bloomberg.com)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 9 points 10 months ago (1 children)

started discussions with other Asian countries for alternative financing deals.

The only other Asian countries with the tech and the money to do HSR are Japan and maybe Occupied Korea. Neither of those are exactly flush with cash at the moment. I also doubt either of them would be able to do it at the same price as China is offering either.

[–] [email protected] 4 points 10 months ago

They are both flush with cash, it's just concentrated in the hands of their ruling class.