Japan's loans are 7 to 8 times more expensive than China's loans on a per kilometer basis, even if Japan's interest rate is lower. No one decides on a loan based on interest alone.
Tag: japan
Benham: What’s in a name?
The naming of Undersea Features is like the naming of plants, animals, archaeological discoveries, an international convention practiced by the scientific community to recognize the efforts of scientists and discoverers for thousands of years! An American botanist can name a plant he discovers in the deep Philippine forests or a Filipino biologists name a new specie he finds in the Amazon but that does not mean either of them own their discoveries!
Explainer: Benham Rise~ the Real Issue
QUESTION #1: Why is the Benham Rise an issue? We Filipinos are made to confuse the Benham Rise with the South China Sea. The two issues are as different as water and oil. There is no dispute on the Benham Rise, while the South China Sea is disputed by several claimant-countries. Why did so-called "experts" sensationalized … Continue reading Explainer: Benham Rise~ the Real Issue
