Read this in The Manila Times digital edition.
CANBERRA: China's diminishing aid to South Pacific states is increasingly targeted toward its allies in the region as appetite there for Chinese credit declines and competition grows with the United States for influence, an independent Australian think tank reported on Tuesday.
MONEY MATTERS A teller touches a United States dollar bill among American and Chinese renminbi banknotes at a bank in the city of Linyi, Shandong province, eastern China in this undated picture. XINHUA FILE PHOTO