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Manila, Philippines (Eagle News) — Seselyuhan na ng Pilipinas at China ang bilateral agreement hinggil sa deployment ng nasa isandaanlibong (100,000) Filipino teachers. Ito’y sa oras na dumalo si Pangulong Rodrigo Duterte sa isang forum ng world leaders sa China, ngayong linggo. Sinabi ni Labor Secretary Silvestre Bello III, nangangailangan ang China ng 100,000 English teacher na maaari namang kumita ng 1,500 dollars o 78,000 pesos kada buwan. Isa aniya sa mga issue na kinakaharap […]
(Eagle News)– President Rodrigo Duterte on Monday, April 9, said there was no plan for a casino project in Boracay, adding the island would be placed under land reform and given to farmers after its 6-month rehabilitation. The President made the revelation in a press conference prior to his departure for China at the Davao International Airport. Duterte is slated to attend the Boao forum, a meeting of business leaders. “Wala akong plano diyan […]
BEIJING, China (AFP) — China has banned exports to North Korea of 32 “dual-use” items that can be applied in the development of weapons of mass destruction, the commerce ministry said. The list of items, which include radiation monitoring equipment and software that can be used to model fluid dynamics or neutrons, is in line with a UN Security Council resolution adopted in September to curb North Korea’s ballistic missile and nuclear programs. The ban […]
WASHINGTON, United States (AFP) — US President Donald Trump on Sunday said he sees an end to the escalating trade dispute with China, after tit-for-tat retaliatory tariffs and threats that rattled markets. “China will take down its trade barriers because it is the right thing to do,” Trump said in a tweet. “Taxes will become reciprocal & deal will be made on Intellectual Property. Great future for both countries!” He added that he and China’s […]
by Andrew Beatty Agence France Presse WASHINGTON, United States (AFP) — US President Donald Trump barreled through warnings of a damaging trade war with China Thursday, vowing an additional $100 billion in tit-for-tat tariffs on Beijing. Having already asked for $50 billion worth of Chinese goods to be punitively taxed, Trump responded to Beijing’s countermeasures by doubling down. “Rather than remedy its misconduct, China has chosen to harm our farmers and manufacturers,” Trump said in […]
by Douglas Gillison © Agence France-Presse WASHINGTON, United States (AFP) — The escalating confrontation between Washington and Beijing inched closer to all-out trade war on Wednesday after China threatened retaliation against key US exports. Beijing unveiled plans for painful import duties targeting politically-sensitive US exports, including soybeans, aircraft and autos, to retaliate against looming US tariffs on more than 1,000 Chinese goods. Wall Street opened sharply lower but investors apparently later decided their fears might […]
SHANGHAI, China (AFP) — Anbang Insurance Group said Wednesday that China’s government will inject 60.8 billion yuan ($9.7 billion) into the troubled conglomerate, whose rapid acquisition binge triggered a takeover by regulators worried about the firm’s solvency. China’s insurance regulator announced an unprecedented commandeering of Anbang in February, and a Shanghai court last week accused former chairman Wu Xiaohui of defrauding the company of more than $10 billion. No verdict has been announced yet. The government’s swoop […]
BEIJING, China (AFP) — Zimbabwe’s President Emmerson Mnangagwa was due to meet Chinese President Xi Jinping on Tuesday as he seeks economic support from a major partner that previously backed his ousted predecessor Robert Mugabe. Mnangagwa, who received military training in China when he was a young liberation fighter decades ago, will be greeted by Xi at the colossal Great Hall of the People for his first state visit to Beijing since taking power. Mnangagwa […]
by Delphine TOUITOU Agence France Presse WASHINGTON, United States (AFP) — The temperature is rising between the United States and China but the simmering confrontation has not yet boiled over into a trade war since the tit-for-tat countermeasures so far have been confined to a few specific products. Beijing on Monday imposed tariffs on 128 American goods, retaliating for President Donald Trump’s decision last month to slap import duties of 25 percent on steel and […]
HANOI, Vietnam (AFP) — China and Vietnam vowed Sunday to keep the peace in the South China Sea, the resource-rich waterway that has long been a source of tension between Hanoi and its powerhouse communist neighbour. China claims most of the disputed sea, which is believed to be rich in oil and gas reserves and is highly strategic for trade and defence. Beijing has built up artificial islands capable of hosting military installations in recent […]
SHANGHAI, China (AFP) — Chinese e-commerce giant Alibaba said Monday it was acquiring full ownership of leading food-delivery firm Ele.me in a deal that values the Shanghai-based start-up at $9.5 billion. The deal is the latest salvo in the intensifying turf battle between tech heavyweights Alibaba and Tencent in the fast-growing Chinese markets for online food ordering and digital payments. Alibaba and its financial arm Ant already owned 43 percent of the app-based Ele.me and said […]
BEIJING, China (AFP) — The plunge back to Earth of a defunct Chinese space laboratory will not slow down Beijing’s ambitious plans to send humans to the moon. The Tiangong-1 space module, which crashed Monday, was intended to serve as a stepping stone to a manned station, but its problems highlight the difficulties of exploring outer space. But China has come a long way in its race to catch up with the United States and Russia, […]
