Meanwhile, It looks as though the Philippines are doing what Giulio can't:
China steel firms plan $4.5-B plants in Philippines
MANILA, Philippines — Two Chinese companies are planning to invest a combined $4.5 billion for iron and steel manufacturing and shipbuilding projects in the Philippines, according to the Department of Trade and Industry (DTI).
In a statement, the DTI said foreign direct investors continue to express confidence in the Philippines with Chinese firms Huili Investment Fund Management Co., Ltd. and Yi Ding Tai International Corp. expressing investment intentions to the Board of Investments (BOI).
The $4.5 billion worth of investments focusing on iron and steel manufacturing and shipbuilding are seen to create 8,000 employment opportunities, the DTI said. http://www.philstar.com/business/2017/10/24/1751713/china-steel-firms-plan-4.5-b-plants-philippines
SDL Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held