The Real Reasons Rodrigo Duterte Flip-Flopped On South China Sea Disputes —

Beijing offered Manila what Washington Couldn’t Investors do not like flip-flops by country leaders. They raise political risks. That’s why Philippines’ financial markets sold off shortly after Philippines President Rodrigo Duterte flip-flopped on the country’s South China Sea policy. Last July Philippines and its close ally, the US, scored a big victory against […]

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