Presidential spokesman Salvador Panelo addresses worries over Duterte admin’s loan deal with China

Amid worries over the Duterte administration’s loan deal with China, Presidential Spokesperson Salvador Panelo expresses confidence that the Philippines will be able to pay its debt.

The President’s Chief Legal Counsel says China's seizure of Reed Bank in the West Philippine Sea as payment for debt is impossible because the Philippines will never renege and is known for paying its obligations.

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