Title:

 US Losing Power In Asia? China, Philippines Relations Improve With $3.7 Billion Poverty Reduction Project

Author:

VISHAKHA SONAWANE

Source:

International Business Times

Date:

 January 24, 2017

Description:

China and the Philippines will work on 30 projects worth $3.7 billion focusing on poverty reduction, the countries said Monday. The agreement was reached after China’s Commerce Minister Gao Hucheng and Philippine Finance Secretary Carlos Dominguez III held a meeting in Beijing during the latter’s three-day visit to the Chinese capital.