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The Escolte is the main street of Binondo, a Chinese expatriate enclave in Manila
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[Original caption] Across the Pasig River from Intramuros, and the home of Chinatown, Binondo is an enclave in Manila populated by expatriate Chinese, and featuring a variety of Chinese merchants. The district was a hub of Chinese commerce even before the Spaniards came in 1571.
Prior to the development of Makati by the Ayala family which is known as the "Financial Capital of the Philippines", Binondo was the main center for business in Manila due to the trading proficiency and financial acumen of the Chinese.[end] |
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© imagesofasia |
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