BY XINHUA China and the Philippines wrapped up their bilateral talks on the South China Sea issues here on Wednesday, with both sides hoping for an early conclusion of a Code of Conduct in the South China Sea. “Both sides reiterated their commitments to full and effective implementation of the 2002 Declaration on the Conduct of Parties in the South China Sea and agreed to … Continue reading China, Philippines hope for early conclusion of COC talks
BY SCMP AND SILVI WRITER Countries that fell into debt trap on major infrastructure projects financed by China didn’t have “good assessment” on financial terms and repayment requirements, said a railway expert, also a transport adviser to the World Bank. Andrea Giuricin, a visiting professor to the China Academy Railway Sciences, said China’s state-run construction companies are still lacking in project management expertise, despite of having … Continue reading ‘Debt trap created not because of money from China’
BY SILVI WRITER Vietnam may benefit from the escalation of trade dispute between China and the United States, according to a recent research, as stronger manufacturing output turns the ASEAN economy one of the world’s best performers. Both Hanoi and Ho Chi Minh City are among the world’s top ten most dynamic cities, according to the latest City Momentum Index released by real estate services … Continue reading Vietnam benefits from China-US trade war
BY SILVI WRITER Malaysia is considering sending a pair of giant pandas back home to China because they are too expensive to look after. Mahathir Mohamad, the prime minister, is reviewing deals made by his disgraced predecessor, Najib Razak, who accepted the pandas on loan six years ago, according to local media. Xing Xing and Liang Liang arrived in Malaysia in May 2014 to … Continue reading Malaysia may send Pandas back to China
BY WILLA WU, CHINA DAILY The story behind the Oishi Shanghaojia brand, one of the most respected and recognized in China, is a remarkable tale of how the reform and opening-up policy drew foreign investment to the country. Oishi Shanghaojia is an offshoot of the Oishi brand in the Philippines, which is owned by the Liwayway Group. It was brought to China by Carlos … Continue reading The Filipino behind the most favoured snacks in China
BY SILVI WRITER China expects to finalize negotiations on the Regional Comprehensive Economic Partnership (RCEP) , the world’s largest trade deal – without the United States, in 2019, Premier Li Keqiang said Tuesday, a day after Beijing and Singapore agreed to upgrade their free trade agreement. These latest developments underscore China’s commitment and efforts to further free trade and multilateral cooperation as the world is … Continue reading China calls for free trade, multilateralism
BY WANG XIAOZHU The trade war between Beijing and Washington is pushing more firms, most of which manufacturers, move to the ASEAN countries to avoid additional tariffs charged by the US. These include not just Chinese firms, but also international companies that seek to move their plants from China to southeast Asia. Analysts say the trend is set to impact on China’s export in … Continue reading How do ASEAN countries benefit from the trade war?