Trump has cut global climate finance. China is more than happy to step in.
MANILA — The Philippines, among the countries in Southeast Asia, has the most contentious relationship with China: It is embroiled in a protracted and high-stakes territorial dispute with Beijing in the South China Sea, and has accused Chinese state-sponsored groups of trying to interfere in this month’s midterm elections.
But these tensions, and associated national security concerns, have not stopped the Philippines from turning to China for the renewable energy infrastructure it needs for its development — not least because Chinese-made green tech is much cheaper than American and European offerings.