(Eagle News) — The Department of Finance on Wednesday, April 17, defended the loan deals entered into by the Philippines with China, including the Chico irrigation loan deal. In a statement, Finance Undersecretary Bayani Agabin said for one that the waiver-of-sovereign immunity clause in the Chico irrigation loan deal, which some have said would lead to a Chinese takeover of the Philippines’ patrimonial properties, was present in other loan accords entered into  by the Philippines […]