The current Philippines is really determined to be tough with China to the end, and it is not enough to stir up the wind and rain at Ren'ai Jiao and Scarborough Shoal in the South China Sea, and it is constantly tearing up some of the economic projects it has signed with China, and trying to blackmail China into bowing its head.
Not long ago, the Philippines interrupted the land reclamation project of a Chinese company in Manila Bay, which brought a lot of losses to Chinese companies. This is not enough, and the Philippines has also proposed that if China wants to undertake the high-speed rail project in the Philippines, it must provide ultra-low-interest loans.
But China is not the most wronged, I put up with you in Ren'ai Jiao, and now you are making a fool of yourself on the railway project that has already been negotiated, it is unbearable for China to do it, and the Philippines will go to whoever it likes.
So, what exactly are these railway projects all about?What are the conditions proposed by the Philippines, and after China withdraws, what are the keyboard warriors who are interested?Did the Philippines find the one you wanted?
To put it simply, this railway project in the Philippines consists of three parts, namely the Subic Bay to Clark, the Tiebicol line in Luzon, and a section of the railway in Mindanao. The total budget of the three projects is 4.9 billion US dollars, or about 35 billion yuan.
It should be noted that these projects were negotiated by former Duterte when he was in office, but after Marcos Jr. came to power, he changed his mind and put forward a series of harsh requirements.
For example, in terms of loans, China needs to provide 21 billion yuan, and the interest rate was originally negotiated at 3%, but Marcos Jr. believes that it should be reduced to 25%, and later directly requested in accordance with 01% to negotiate, otherwise China would not have been able to agree to undertake these railway projects.
2.5%, it's easy to understand, after all, it's normal for you to come and go in negotiations, but it's 0What the hell is 1%?Who gave the Philippines the confidence to dare to propose this level of interest rates?
It turns out that this is a ghost done by Japan, yes, Japan, every time China and a foreign country reach an agreement on a railway project, it will jump out and spoil China's good things with unimaginably low interest rates, which are almost free of charge.
This is the case for India's high-speed railway, Vietnam's high-speed rail, and now the Philippine railway project, the Japanese are still operating in this way, and they have tried and tested.
However, people can understand the evil intentions of Japan's preservation, and look at the current construction of high-speed railways in India, which has only been built 10 kilometers in 6 years, while Vietnam's high-speed railways are almost the same as not being built.
Therefore, Japan is not doing anything in the high-speed rail project, and it is the first place to disrupt the situation.
Since the Philippines likes Japan to stir up trouble, then we can always stop doing it, right?Lose money and play for yourselves.
Seeing that China had really withdrawn, the Philippines was anxious again, and at the beginning it was still stubborn, claiming that it could do without China, and South Korea, Japan and India were all eager to do this railway business with the Philippines.
Since the Philippines has said so, well, let's move on to Japan, that 0The interest rate of 1%, which is equivalent to free gifts, was proposed by Japan. Now that China has withdrawn, the Japanese are following 0Has the 1% interest rate taken over?
No, the Philippines was just swept away.
Japan is bad and good at spoiling the situation, but it's not stupid, really according to 0A 1% loan to the Philippines would be stupid if there were no strings attached.
Therefore, once Japan does negotiate with the Philippines, it will be 0If the interest rate of 1% is used to build railways, then the Philippines must agree to a series of additional conditions proposed by Japan, otherwise this matter will be useless.
If the Philippines agrees to these additional conditions, then the Japanese will take advantage of the additional conditions when building the railway, and the Japanese will not suffer a loss.
India takes over?I'm sorry, but the Indians themselves haven't even figured out what high-speed rail is. finally opened to traffic for a while, and the first team collided with the sacred cow, and the shame was thrown into the Ganges.
Counting on the unreliable India to build a high-speed railway for the Philippines may not be able to count on it in the next life.
Let's talk about South Korea, compared to India, South Korea is quite reliable, but South Korea's high-speed rail technology is still at the stage of primary school students compared to China, and if you want to repair it for the Philippines, you have to make up for many years.
Therefore, after China withdrew from the Philippine railway project, the Philippines shouted for so long that its throat and eyes were hoarse, but no one took over.
It is estimated that the Philippines will have to take a loudspeaker next time to shout at the air a few more times, and as for whether it can be shouted to pick up the plate, it is up to fate.
But if the Philippines wants to eat grass, I'm sorry, China's previous interest rate of 3% is really too low, at least it has to be doubled.
That's it, it also depends on the performance of the Philippines, otherwise, don't open your mouth.
But everyone saw that Indonesia's Jakarta-Bandung high-speed railway was running so smoothly, which was really cool. Of course, the Philippines must be unhappy, that's right, don't you say?