China Wants Philippines to Stop All Online Gambling
- Philippines won’t accept applications for new licenses
- China wants to stop what it sees as illegal outflow of funds
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China wants Philippines to stop all forms of online gambling, as it continues cracking down on a practice it says causes illegal outflow of money.
While China appreciates the move to halt the issuance of new licenses, “we hope the Philippines will go further and ban all online gambling,” China’s foreign ministry spokesman Geng Shuang said, according to the transcript of his Aug. 20 briefing posted on the website of its Philippine embassy.