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Duterte back in PH with $9.5-B in Chinese investment deals

By: - Reporter / @NCorralesINQ
/ 01:26 AM April 13, 2018

BOAO FORUM President Duterte and his daughter, Davao City Mayor Sara Duterte-Carpio, pose with Chinese President Xi Jinping and his wife, Peng Liyuan, before the opening of the Boao Forum for Asia annual conference inHainan, China. —MALACAÑANG PHOTO

President Rodrigo Duterte is back in the country after a short trip to China and Hong Kong.

The President returned home with a $9.5 billion worth of investment agreements from China after he attended the  Boao Forum for Asia in Hainan province.

He arrived at the Davao International Airport from Hong Kong on board PR001 past 1 a.m.

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President Duterte met with Chinese President Xi Jinping during a bilateral meeting where the two leaders agreed to craft a framework on the possible joint exploration in the disputed South China Sea.

The chief executive and Xi also discussed ways on how to further economic ties between the Philippines and China despite an ongoing maritime dispute.

After his China trip, the President met with the Filipino community in Hong Kong where he reported the administration’s achievements in its war against drugs, criminality and corruption.

President Duterte will be in the country for a week. He would again leave Manila to attend the 32nd Association of Southeast Asian Nations (Asean)Summit  in Singapore on April 25 to 29.

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TAGS: Chinese President Xi Jinping, Philippine news updates, President Duterte
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