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China said on Monday (December 22) that it opposed all forms of cyber attacks but there was no proof yet that North Korea was responsible for the hacking of Sony Pictures, as charged by the United States. It also made no reference to any joint action with the United States or other nations to counter any similar cyberattacks. “We resolutely oppose all forms of cyberattacks and cyber terrorism. Meanwhile, we also oppose any country or […]
China has cut red-tape for foreign bank branch openings and entry into renminbi business, state media said on Saturday, the latest in a series of measures to liberalize the banking sector. The cabinet revised existing rules on Saturday, abolishing the requirement for foreign-owned and joint-stock banks to inject 100 million yuan ($16.08 million) or an equivalent in other currencies of working capital into a newly opened branch, the official Xinhua news agency reported. This should […]
A report from a major Chinese daily said that Beijing will set up a comprehensive maritime observation system including radar and weather stations to strengthen its maritime power, a move that may exacerbate the tension in the region.
The Hong Kong Police Force has vowed to clear out the last protest camp on Monday morning (December 15) as scheduled, putting an end to demonstrations that have blocked traffic in the city’s streets for 10 weeks. The clearance of the protest area in the retail hub of Causeway Bay, which is the smallest and the last remaining site occupied by the student-led demonstrators, will start at about 09:30 on Monday, according to Reuters. It quoted police authorities […]
(Reuters) — China’s Prime Minister Li Keqiang proposed a friendship treaty with Southeast Asian countries and offered $20 billion in loans on Thursday (November 13) but held firm on the line that Beijing will only settle South China Sea disputes directly with other claimants. China, Taiwan and four members of the Association of Southeast Asian Nations (ASEAN) have competing claims in the sea where concern is growing of an escalation in disputes. “We are willing, on the basis of unanimous agreement, to soon reach an […]
China and United States revealed new targets to reduce greenhouse gas emissions.
United States President Barack Obama urged China to be a partner in underwriting international development and not in undermining it.
President Aquino said having harmonious relations with China — this year’s host of the Asia-Pacific Economic Conference (APEC) — will serve the best interest of the Philippines.“It’s also in the Philippines’ interest to achieve harmony with all of its neighbors. There are so many practices that each country can benefit from as we face common challenges,” the President said when asked about the Philippine-China relations during the APEC CEO Summit here in Beijing.For instance, the […]
(Reuters) – The United States is considering partnering with China on improving electricity in Africa and the proposal could be part of bilateral discussions when President Barack Obama visits Beijing next week, two sources involved told Reuters. The proposal could include $5-$7 billion of commitments to improve electricity generation and transmission in several African countries, one source involved in the initiative said. “Plans have been discussed and outline ideas drawn up but there are understandably nerves given the delicate […]
(Reuters) – China and Japan agreed on Friday to work on improving ties and signaled willingness to put a bitter row over disputed islands on the back burner, paving the way for their leaders to meet at an Asian-Pacific summit next week. The agreement, ahead of an expected ice-breaking chat between Japanese Prime Minister Shinzo Abe and Chinese President Xi Jinping at the gathering in Beijing, signals a thaw in ties between the world’s second- and third-biggest economies. Relations […]
MANILA, Philippines — The Philippines will try to learn from China’s experience in hosting this year’s Asia Pacific Economic Cooperation (APEC) to effectively handle the large number of delegates arriving in the country when it hosts a similar event in November next year.Filipino officials will go to China next week to accompany President Aquino and at the same time learn from China’s hosting of the APEC, Deputy presidential spokesperson Abigail Valte said in a radio […]
Courtesy: Pag-asa Island Mayor-Eugenio Bitoonon Jr. Nangangamba ang Alkalde ng Pag-asa Island sa patuloy na pagtatayo ng China ng mga istraktura sa mga islang sakop ng Pilipinas. Posible umanong magamit ng China ang mga inilalagay nitong Man-Made Island sa West Philippine Sea sa pambu-bully nito sa ating bansa. Eagle News Correspondent Janze Paulo Macahilas Report
