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Discourse, Empirics, and Perceptions on Investment and Aid: Reconsidering Chinese and Japanese Relations with the Philippines

In: Japan and Asia

Author

Listed:
  • Tina S. Clemente

    (University of the Philippines, Diliman)

Abstract

When President Rodrigo DuterteDuterte of the Philippines assumed office in 2016, his trips to China and their resulting bilateral economic agreements attracted significant attention. To many observers, these reflected a pivot toward China. However, DuterteDuterte also traveled to Japan, with bilateral talks resulting in economic agreements as well. The respective state visits of Shinzo Abe and Xi Jinping to the Philippines in 2017 and 2018 further hint at what appears to be a strategic repositioning of these countries with both each other and the Philippines. The focus of this chapter is the investment and aid dimensions of these economic agreements. How does China’s development partnership with the Philippines in terms of investment and aid compare to that of Japan? How do these countries’ relations with the Philippines contribute to the narratives on investment and aid? This study analyzes the economic relationship of these countries with the Philippines by considering empirical data on these indicators, the tenor of the discourse, and perceptions. The research is informed by the increasing entrenchment of China’s economic presence in both the Philippines and Southeast Asia amid Japan’s historically dominant role in the region through its postwar development initiatives.

Suggested Citation

  • Tina S. Clemente, 2022. "Discourse, Empirics, and Perceptions on Investment and Aid: Reconsidering Chinese and Japanese Relations with the Philippines," Advances in Japanese Business and Economics, in: Mariko Tanigaki (ed.), Japan and Asia, chapter 3, pages 43-78, Springer.
  • Handle: RePEc:spr:advchp:978-981-16-7989-6_3
    DOI: 10.1007/978-981-16-7989-6_3
    as

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