China’s Economic Cabbage Strategy

The blossoming Philippines-China relationship has opened a floodgate of Chinese investments, unnerving domestic players including the influential military establishment. In particular, China’s bid for a 300-hectares shipping yard in Subic Bay, the former site of one of the United States’ largest overseas naval bases, has unleashed a political firestorm, exposing the fragility of the ongoing rapprochement and the resilience of Beijing-skeptic sentiments in the Southeast Asian country.