US pledges $3.5 billion in military aid to Philippines amid rising China threats

WASHINGTON/MANILA: The United States is preparing to give the Philippines a major boost in defence support, approving billions of dollars in loans and grants as worries mount over China’s growing presence in the region. Lawmakers in Washington have signed off on a package that includes a US$1 billion loan—spread over 17 years—and up to US$2.5 […]