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Title:
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China is crushing the U.S. in 'economic warfare'
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Author:
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Heather Long
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Source:
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CNN Money
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Date:
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June 30, 2016
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Description:
- It's China 1, USA 0 when it comes to so-called "economic warfare." As China has risen to become the world's No. 2 economy, it has repeatedly used its business and financial clout to get what it wants on the world stage, say foreign policy experts Robert Blackwill and Jennifer Harris.
Economic
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Title:
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Trump vows to undo trade pacts
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Author:
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Reid J. Epstein and Colleen Mccain Nelson
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Source:
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Wall Street Journal
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Date:
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June 29, 2016
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Description:
- Donald Trump pledged Tuesday to withdraw the US from global trade alliances, saying he would exit the North American Free Trade Agreement (Nafta)if it isn’t renegotiated, would label China a currency manipulator and would kill the Trans-Pacific Partnership, a Pacific Rim trade deal.
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Title:
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A new threat to China's nickel pig iron producers?
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Author:
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Andy Home
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Source:
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Reuters
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Date:
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June 29, 2016
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Description:
- What sort of threat does the election of a new government in the Philippines pose to China's nickel pig iron (NPI) sector?
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Title:
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China’s slowdown and Philippine growth (Part I)
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Author:
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Bernardo M. Villegas
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Source:
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Manila Bulletin
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Date:
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June 19, 2016
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Description:
- Various economic sectors are worried that the ongoing slowdown of the Chinese economy may negatively impact on them. Add to this dampener on global economic growth of the very low oil prices. How will these global developments affect Philippine economic prospects as the Philippines moves to a new political era under the newly elected administration that will be in place by June 30, 2016.
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Title:
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China, Japan to impact PH exports
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Author:
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Mayvelin U. Caraballo
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Source:
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The Manila Times
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Date:
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June 28, 2016
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Description:
- Slowing growth in China and continuing tepid growth in Japan will continue to provide headwinds against the Philippines’ trade position, but the impact on the overall current account will be limited, Fitch-owned BMI Research said.
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Title:
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Duterte to speed up PH entry into AIIB
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Author:
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Ben O. de Vera
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Source:
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Philippine Daily Inquirer
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Date:
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June 27, 2016
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Description:
- INCOMING Finance Secretary Carlos G. Dominguez said the Duterte administration will fast-track the Philippines’ membership in the China-led Asian Infrastructure Investment Bank (AIIB) to widen financing options in line with plans to ramp up infrastructure development.
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Title:
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AIIB's Jin: World Has Overreacted to China's Slowdown
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Author:
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Bloomberg
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Source:
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Bloomberg
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Date:
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June 27, 2016
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Description:
- Jin Liqun, president of the Asian Infrastructure Investment bank, discusses China's economy with Bloomberg's Haslinda Amin at the AIIB's first board of governors meeting in Beijing.
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Title:
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China’s slowdown and Philippine growth (Part II)
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Author:
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Bernardo M. Villegas
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Source:
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Manila Bulletin
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Date:
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June 26, 2016
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Description:
- Another view that supports that China will not have a hard landing is presented by John Ross, senior fellow at Renmin University of China. He points out that the hard landings in recent times of the US (after 2007), Japan (after 1990) and Russia (after the introduction of capitalism in 1999) were driven by precipitous declines in investments. These investments were predominantly from the private sector. In China, the state sector remains the dominant player, despite diverse forms of ownership. The key role of the State was reaffirmed at the Third Plenum in 2013 and reiterated by Xi Jingping in 2016, while also emphasizing the side-by-side growth of the private sector. According to Mr. Ross, the state sector can be used by the government to raise investment to prevent a recession, and its dominant role does not arise from it being a majority of the economy. Rather this ability to manage the business cycle stems from its being large enough to impact investment and therefore GDP growth. For these reasons, it is highly probable thatChina will avoid a hard landing in the next five years or so.
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Title:
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Chronology of China's Belt and Road Initiative
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Author:
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Editor: Tian Shaohui
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Source:
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Xinhua
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Date:
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June 24, 2016
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Description:
- China agreed with Serbia, Poland and Uzbekistan to deepen cooperation in the Belt and Road Initiative during President Xi Jinping's visits to the three countries.
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Title:
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Commentary: Philippine economy set to outpace China's
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Author:
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Emmanuel J. Lopez
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Source:
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The Philippine Star
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Date:
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June 24, 2016
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Description:
- Economic authorities agree as of late on the inevitability of a slowdown in the economic activity of China. The prospect was seen from a decrease in the GDP growth rate from a double digit in earlier years to a single-digit growth the past couple of years. Recent reports stated that China had 6.8-percent GDP growth fueled by debt-driven investment spending. From 2011 to 2015, China has incurred an average of almost 7.9-percent GDP growth rate. This type of growth may be seen as a short-term relief to cushion the impact of a slowdown but the long-term repercussion may not entirely be a good prospect for the local Chinese economy not to include accelerated debt obligations.
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Title:
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China Nickel Ore Lifeline at Risk as Philippines Talks Tough
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Author:
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Bloomberg News
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Source:
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Bloomberg
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Date:
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June 22, 2016
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Description:
- Nickel ore shipments from the Philippines may be jeopardized by President-elect Rodrigo Duterte’s appointment of an anti-mining crusader to head the country’s environment department, a move that may potentially disrupt supplies to Chinese buyers.
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Title:
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China-led AIIB to have almost 100 members by year-end
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Author:
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The Strait Times
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Source:
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The Strait Times
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Date:
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June 1, 2016
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Description:
- The Asian Infrastructure Investment Bank (AIIB) will grow its membership to nearly 100 countries and regions by the end of the year, making it a truly international financial institution, AIIB president Jin Liqun said yesterday.
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Title:
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Japan Shifts Investment From China to Southeast Asia
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Author:
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Keiko Ujikane
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Source:
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Bloomberg
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Date:
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May 31, 2016
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Description:
- Japanese investment in Southeast Asia continues to grow, owing to the region’s potential and low labor costs, amid simmering tensions that reduce the appeal of China for some Japanese businesses.
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Title:
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Southeast Asia’s Dance With China
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Author:
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Chris Horton
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Source:
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The New York Times
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Date:
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May 26, 2016
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Description:
- Southeast Asia’s economic promise is emerging as a global growth driver after years of being overshadowed by the China story.
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Title:
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Upbeat Philippine Economic Forecast After Duterte Election
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Author:
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Ralph Jennings
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Source:
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Forbes
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Date:
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May 16, 2016
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Description:
- Philippine president-elect Rodrigo Duterte campaigned largely on killing off crime in his Southeast Asian country. Just before he won the election May 9, he suggested direct talks with China over a maritime dispute that has dominated foreign policy since 2012. But in a country where a nearly a quarter of people live in poverty and more barely above it, Duterte’s long-term KPI will be how he manages the economy over six years in office.
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Title:
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Huge potential gains of China’s ‘One Belt, One Road’ are worth the risks
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Author:
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Andrew Leung
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Source:
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South China Morning Post
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Date:
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May 5, 2016
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Description:
- To many, China’s “One Belt, One Road” initiative seems little more than a buzz word. Scepticism abounds. Does China mainly want to export excess capacity? Is it up to the task of traversing territories fraught with political and geopolitical uncertainties? Governments aside, where is the attraction for the private sector? Would corporate governance and environmental standards be compromised? What role, if any, can Hong Kong’s small and medium-sized businesses and professionals play?
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Title:
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The AIIB and the NDB: The End of Multilateralism or a New Beginning?
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Author:
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Jonathan Dove
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Source:
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The Diplomat
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Date:
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April 26, 2016
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Description:
- Multilateral cooperation over the past decade has taken a steep downward turn. From the final demise late last year of the World Trade Organization’s protracted Doha Round of multilateral talks, to the growing proliferation of regional and sectoral trade deals, world powers seem either unable or unwilling to seek common ground like they used to. Indeed, there appears to be a growing universal aversion to the post-World War II forums for negotiation and agreement, which seem mired in bureaucracy and stasis.
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Title:
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ASEAN Is Looking Like A 'China 2.0 Play'
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Author:
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Harry G. Broadman
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Source:
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Forbes
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Date:
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April 25, 2016
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Description:
- Even before the Chinese economy’s long-standing serious structural problems were exposed over the last couple of years, investors started to wake up to the reality that other countries in East Asia are increasingly attractive destinations—perhaps, in some cases, as alternatives to China.
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Title:
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China Edging Closer to Accepting TPP Reality
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Author:
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Saibal Dasgupta
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Source:
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Voice of America
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Date:
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April 22, 2016
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Description:
- After nearly three years of concentrated efforts to counter the U.S.-sponsored Trans-Pacific Partnership (TPP) and build an alternative trade block, China is now seriously considering the possibility of joining the TPP regime.
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Title:
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Philippines Loses $37K, as China Destroys Philippine Bananas Anew, the 2nd in 3 Weeks
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Author:
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Jenia Cane
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Source:
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China Topix
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Date:
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April 16, 2016
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Description:
- The government of Shanghai, China destroyed a total of 60.34 tons of bananas imported from the Philippines on Friday after found to be infected with a certain disease.