Setting Aside Disputes, Philippines Benefited from China TiesPosted: July 12, 2017
SCMP says in its report “Philippines hails new rapport with China as key to economic growth amid ‘realistic and practical’ approach to South China Sea” today, “The Philippines’ trade minister is predicting economic ties with China will grow faster than ever as the island nation sets aside their maritime border disputes, signalling a sea change from Manila’s confrontational approach to diplomacy initially under a tough-talking new president.”
“As the Philippines’ target for GDP growth was an ambitious 7 to 8 per cent in the coming five years, Lopez (the minister) said, China would be the key force to help his country achieve that. He pointed to the 34 per cent year-on-year growth of exports from the Philippines to the mainland and Hong Kong from January to May.”
It proves my belief that win-win cooperation is much better than confrontation.
Comment by Chan Kai Yee on SCMP’s report, full text of which can be found at http://www.scmp.com/news/hong-kong/politics/article/2102244/philippines-hails-new-rapport-china-key-economic-growth-amid.