Setting Aside Disputes, Philippines Benefited from China Ties


Philippine Secretary of Trade and Industry Ramon Lopez told the Post in an exclusive interview that his country was taking a “realistic and practical” approach to territorial disputes. Photo: David Wong

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.

Advertisements

2 Comments on “Setting Aside Disputes, Philippines Benefited from China Ties”

  1. Joseph says:

    Philippines no doubt benefits from its close ties with China. It is a small country with no resources. It.rides the wake of a giant, nor against it. It’s better than the American one, who wants Philippines you to be its martyr. Unlike Philippines, the American cannot ride China’s rise. Not gracefully anyway. So it seeks to undermine China. Philippines, on the other hand, belongs to China’s side. It could either join China and prosper or against China and suffer.

    Like

  2. Steve says:

    If this bilateral relationship can continue to improve for the next 5 years, I believe Philippines will become a close rapport with China in its geopolitical diplomacy. In fact, there is no one or other nation that can help Philippines grow.

    Like