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Risk of China investment in PH is probably overstated

THE Western narrative on China’s ambitious efforts to finance development across the globe goes something like this: China is practicing a form of neocolonialism, unfairly gaining influence in places like Africa and South Asia with predatory lending, land grabbing and exporting Chinese labor, instead of providing job opportunities for client countries. Although the rhetoric has [...] The post Risk of China investment in PH is probably overstated appeared first on The Manila Times Online......»»

Category: newsSource: manilatimes_net manilatimes_netApr 16th, 2018

US-China trade war elevates the risks to the global economy

WASHINGTON, United States --- The trade war that erupted Friday between the U.S. and China carries a major risk of escalation that could weaken investment, depress spending, unsettle financial markets and slow the global economy. The opening shots were fired just after midnight, when the Trump administration imposed a 25 percent tariff on $34 billion of imports from China, and Beijing promptly retaliated with duties on an equal amount of American products. It accused the U.S. of igniting "the biggest trade war in economic history." Because of this first round of hostilities, American businesses and, ultimately, consumers could end up paying more for such Chinese-made products a...Keep on reading: US-China trade war elevates the risks to the global economy.....»»

Category: newsSource:  inquirerRelated NewsJul 8th, 2018

Canada asks China clemency for convicted drug trafficker

MONTREAL, Canada – Canada urged Beijing on Tuesday, January 15, to grant clemency to a Canadian sentenced to death for drug trafficking , after his sentence reignited a diplomatic dispute that began last month. Ottawa has warned its citizens about the risk of "arbitrary enforcement" of laws in China following a court's ........»»

Category: newsSource:  rapplerRelated NewsJan 16th, 2019

Canada issues China travel alert as tensions escalate – Al Jazeera

OTTAWA WARNS of risk of arbitrary detention after Robert Schellenberg given death penalty in sudden drug case retrial. Canada has […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsJan 15th, 2019

China, Canada diplomatic row escalates with death sentence

BEIJING, China – A diplomatic spat between Beijing and Ottawa intensified on Tuesday, January 15, as Canada warned its citizens of the risk of "arbitrary enforcement" of laws in China after a Canadian drug suspect was sentenced to death . The Canadian government updated its travel advice hours after a court in ........»»

Category: newsSource:  rapplerRelated NewsJan 15th, 2019

Chinese pursue $4.4-B first PH integrated steel complex Manila Bulletin Business

Chinese pursue $4.4-B first PH integrated steel complex Manila Bulletin China's HBIS Group Co. Ltd. and Huili Investment Fund Management Co. Ltd. and Filipino businessman Benjamin Yao's Steel.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2019

FDI inflows plunge to 15-month low in October 2018

Foreign direct investment inflows plunged to a 15-month low of $491 million in October last year from $1.9 billion in the same month in 2017 as inflation peaked in the domestic front, while investors remained wary about the trade war between the US and China......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2019

Risk-On Sentiment Energize Local Markets Monday

Investors’ expectations that the US-China trade talks this week will go a long way towards ending the trade war helped boost the Philippine Stock Exchange index (PSEi) rally Monday and the risk-on sentiment also benefited the peso. PSEi ended the trade at 7,787.66 points, up 0.34 percent or 26.55 points. Aside from the trade-related factor, […].....»»

Category: newsSource:  metrocebuRelated NewsJan 8th, 2019

Philippines flood: Death toll reaches 60

Beijing [China], Dec 31 (ANI): Landslide and floods triggered by torrential rain claimed 61 lives in Philippines. Xinhua citing a report from National Disaster Risk Reduction and Management Council (N.....»»

Category: newsSource:  manilanewsRelated NewsDec 31st, 2018

Philippines flood: Death toll reaches 60

Beijing [China], Dec 31 (ANI): Landslide and floods triggered by torrential rain claimed 61 lives in Philippines. Xinhua citing a report from National Disaster Risk Reduction and Management Council (N.....»»

Category: newsSource:  philippinetimesRelated NewsDec 31st, 2018

China steps up western aid

BEIJING — China will step up support for opening-up in the country’s less-prosperous western areas, with policy incentives to encourage more foreign investment into the region, the Ministry of Commerce said Thursday. With the help of the Belt and Road Initiative and other major projects, the western areas have gradually become a frontier for the […].....»»

Category: newsSource:  tribuneRelated NewsDec 22nd, 2018

Chinese steel firm plans to locate in Davao

DAVAO CITY (MindaNews/ 21 December) – A big steel manufacturing company from Davao City’s sister city, Jinjiang, China expressed interest to invest here, a move that will create job opportunities for locals, an official said. In an interview, Davao City Investment Promotions Center head Lemuel G. Ortonio said a Filipino-Chinese businessman signed a memorandum of […].....»»

Category: newsSource:  mindanewsRelated NewsDec 21st, 2018

Garden in China features Davao’s indigenous cultures

DAVAO CITY (MindaNews/ 21 December) – A 1,500-square meter garden in Nanning, China sporting the cultures of Davao City’s indigenous tribes has become a permanent attraction there along with other gardens of countries in Southeast Asia and Europe. Davao City Investment Promotions Center head Lemuel G. Ortonio said in an interview on Thursday that the […].....»»

Category: newsSource:  mindanewsRelated NewsDec 21st, 2018

The meager truth of China s aid to the Philippines - Asia Times

Beijing has stalled in delivering $24 billion in promised aid and investment to Manila. Considering the terms and conditions of the funding that may not be such a bad thing The post The meager truth o.....»»

Category: newsSource:  manilanewsRelated NewsDec 19th, 2018

IMF: Trade war already hurting Asia, may cut growth forecasts

TOKYO -- US-China trade frictions are already affecting business confidence and investment in Asia, a senior International Monetary Fund (IMF) official said, warning that the fund could cut global growth forecasts in January......»»

Category: newsSource:  bworldonlineRelated NewsDec 18th, 2018

The Philippines Investment Outlook for 2019

Despite the downside risk of recent inflation in the Philippines, the International Monetary Fund (IMF) projects a 6.6 percent economic growth outlook by 2019. On the other hand, the inflation fore.....»»

Category: newsSource:  philippinetimesRelated NewsDec 18th, 2018

The Philippines Investment Outlook for 2019

Despite the downside risk of recent inflation in the Philippines, the International Monetary Fund (IMF) projects a 6.6 percent economic growth outlook by 2019. On the other hand, the inflation fore.....»»

Category: newsSource:  manilanewsRelated NewsDec 17th, 2018

China’s Hainan province eyes agreement with Iloilo City

THE Hainan Foreign Affairs of China is eyeing to establish a sisterhood agreement with Iloilo City, according to the head of the city’s Local Economic Investment and Promotion Office (LEIPO). In an interview Tuesday following her two-week intensive training on the Tropical Agriculture Advanced Study and Research Program, LEIPO head Ritchel Gavan said that Iloilo […] The post China’s Hainan province eyes agreement with Iloilo City appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsDec 17th, 2018

Security worries hobble ambitions of China tech giant Huawei

  BEIJING --- While a Huawei executive faces possible U.S. charges over trade with Iran, the Chinese tech giant's ambition to be a leader in next-generation telecoms is colliding with security worries abroad. Australia and New Zealand have barred Huawei Technologies Ltd. as a supplier for fifth-generation networks. They joined the United States and Taiwan, which limit use of technology from the biggest global supplier of network switching gear. This week, Japan's cybersecurity agency said Huawei and other vendors deemed risky will be off-limits for government purchases. None has released evidence of wrongdoing by Huawei, which denies it is a risk and has operated a labo...Keep on reading: Security worries hobble ambitions of China tech giant Huawei.....»»

Category: newsSource:  inquirerRelated NewsDec 16th, 2018

China firms up $4.4-B iron, steel project as biggest investment in Philippines

The Philippine government signed a memorandum of understanding with Chinese companies for the joint implementation of the “Philippine Iron and Steel Project” in Misamis Oriental......»»

Category: newsSource:  philstarRelated NewsDec 14th, 2018

Chinese sister city donates two buses to Davao City

DAVAO CITY (MindaNews / 08 Dec) — The City Government of Davao was gifted with two brand new Sunlong buses by its sister city, Nanning, China, a year after the renewal of the diplomatic ties between the two cities, Davao City Investment Promotions Center (DCIPC) head Lemuel Ortonio said on Saturday. Ortonio told MindaNews that both […].....»»

Category: newsSource:  mindanewsRelated NewsDec 9th, 2018