Chinese companies are investing abroad at fastest pace in 8 years
China’s overseas investment is heading for an eight-year high as its dominant firms build more factories abroad, a shift that could soften criticism of Beijing’s export drive.
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China’s overseas investment is heading for an eight-year high as its dominant firms build more factories abroad, a shift that could soften criticism of Beijing’s export drive.
BEIJING—US Secretary of State Antony Blinken met Friday with Chinese President Xi Jinping and senior Chinese officials, warning of the dangers of misunderstandings and miscalculations as the United States and China butted heads over a number of contentious bilateral, regional and global issues.
THE Philippines and Germany have strengthened their ties through the 3rd Asean Purchasing Initiative, by far the largest one initiated by German firms as they seek new suppliers in the Asean region.
THE Chinese Embassy in Manila has filed a diplomatic protest over comments allegedly by the Armed Forces chief and a congressman which they deemed “racist.”
THE Department of National Defense [DND] announced on Friday that Lithuanian Minister of Foreign Affairs Gabrielius Landbergis paid a visit to the Philippines’s defense establishment for the first time.
LONG AN, Vietnam — There is one thing that distinguishes 60-year-old Vo Van Van’s rice fields from a mosaic of thousands of other emerald fields across Long An province in southern Vietnam’s Mekong Delta: It isn’t entirely flooded.
LUANG PRABANG, Laos — Senior finance and central bank officials from Southeast Asia and major economies met April 4, 2024, in the scenic Laotian city of Luang Prabang to discuss ways to help the region build resilience against shocks like the COVID-19 pandemic and natural disasters brought on by climate change.
THE Philippines and Lithuania, both flanked by the ongoing geopolitical crises in the Indo-Pacific and Europe regions, jointly rallied Wednesday for countries to behave and follow agreed rules such as international law in relations with other countries.
QATAR is now seeking to strengthen its economic ties and people-to-people exchange with the country with the signing of nine new agreements.
THE Asian Development Bank (ADB) has committed to supporting the Philippines in enhancing digitalization, human capital and infrastructure, and disaster preparedness through a new Country Partnership Strategy (CPS) for the Philippines.
THE annual “Balikatan” exercise between Filipino and American military personnel is always evolving to ensure that the participants will be able to meet and counter contemporary security threats.
FOREIGN ministers of the Group of Seven (G7) criticized China for firing water cannon on a Philippine supply ship in the West Philippine Sea.
Oil wiped out an earlier sharp jump as Iranian media appeared to downplay the impact of Israeli strikes that followed last weekend’s unprecedented bombardment by Tehran.
Oil wiped out an earlier sharp jump as Iranian media appeared to downplay the impact of Israeli strikes that followed last weekend’s unprecedented bombardment by Tehran.
Israel launched a retaliatory strike on Iran less than a week after Tehran’s rocket and drone barrage, according to two US officials, but Iranian media appeared to downplay the incident in the hours that followed the initial reports.
WASHINGTON—The US and UK on Thursday imposed a new round of sanctions on Iran as concern grows that Tehran’s unprecedented attack on Israel could fuel a wider war in the Middle East.
The Philippine Coast Guard will participate in the annual “Balikatan” exercises for the first time and will deploy six of its ships for the seagoing phase of the military drills slated for April 22 to May 10.
SINGAPORE is eyeing to buy carbon credits from the Philippines as part of its international commitment to mitigate climate change.
MEMBERS of the Association of Southeast Asian Nations (Asean) have differing views on the increasing tension between the Philippines and China in the South China Sea. But one thing that “unites” them is the fact that no member-country wants to play “proxy” or “vassal” of either of the world’s superpowers China and the United States.
THE 39th iteration of the annual “Balikatan” bilateral exercise between Philippine and United States Armed Forces will take place from April 22 to May 10.
FOUR Filipino seafarers were on board the container ship MSC Aries, which Iranian authorities seized over the weekend, according to the Department of Migrant Workers (DMW).
To secure $100 million worth of investments from the Philippines-Japan-US trilateral meeting, the Philippines met with a US-based vertical integrator of nuclear technologies and services for a potential collaboration in the energy sector.
THE Philippines is set to receive fresh investments in critical sectors as it becomes the beneficiary of a new “economic corridor” under the Partnership for Global Infrastructure and Investment (PGII) initiative of the Group of 7 (G7).
WASHINGTON — President Joe Biden said Thursday that U.S. defense commitment to Pacific allies was “ironclad” as he gathered Philippine President Ferdinand Marcos Jr. and Japanese Prime Minister Fumio Kishida at the White House in the midst of growing concern about provocative Chinese military action in the Indo-Pacific.
BEIJING — Chinese President Xi Jinping met with former Taiwanese President Ma Ying-jeou in Beijing Wednesday in a bid to promote unification between the sides that separated amid civil war in 1949.
AS the country faces new external and internal threats, President Ferdinand R. Marcos Jr. rallied support for government efforts in defending the country’s sovereignty during the commemoration of the Araw ng Kagitingan (Day of Valor) on Tuesday.
NAVAL and air units from the Armed Forces of the Philippines (AFP), the United States Indo-Pacific Command, the Australian Defense Force and the Japan Self-Defense Forces (JSDF) successfully conducted the first multilateral maritime cooperative activity (MMCA) in the West Philippine Sea (WPS) on Sunday.
In a statement, AFP public affairs office chief Col. Xerxes Trinidad said the exercise was held within the Philippine Exclusive Economic Zone and involved naval vessels and aircraft from the four countries.
Participants included the BRP Gregorio Del Pilar (PS-15) with AW-109 helicopter, BRP Antonio Luna (FF-151) with AW-159 “Wildcat” anti-submarine warfare helicopter, and BRP Valentin Diaz (PS-177) from the Philippine Navy; the USS Mobile and a P-8A “Poseidon” from the United States Navy; the Royal Australian Navy HMAS Warramunga and Royal Australian Air Force P-8A “Poseidon” maritime patrol aircraft; and the JS Akebono from the Japan Maritime Self-Defense Forces.
“The MMCA demonstrated the participating countries’ commitment to strengthen regional and international cooperation in support of a free and open Indo-Pacific through interoperability exercises in the maritime domain. It will also contribute greatly to the AFP’s capability development,” Trinidad said.
The participating ships performed communication exercises, division tactics or officer of the watch maneuver, and a photo exercise.
These activities were designed to enhance the different forces’ abilities to work together effectively in maritime scenarios.
The AFP earlier said the MMCA was successfully completed with no untoward incident as of 4:52 p.m. and all planned exercises conducted.
“Demonstrating our collective commitment to strengthen regional and international cooperation in support of a free and open Indo-Pacific, our combined defense/armed forces will conduct a MCA within the Philippine EEZ on April 7, 2024,” said the statement signed by Australian Deputy Prime Minister and Minister for Defense Richard Marles, Japan Minister for Defense Minoru Kihara, Philippine Defense Secretary Gilberto C. Teodoro Jr. and US Defense Secretary Lloyd James Austin III.
After decades of empty threats, much of the world tunes out when North Korea vows to unleash destruction on its enemies. But in the past few months, some prominent analysts began warning that Kim Jong Un may actually be serious about preparing for war.
Emboldened by the support of international allies and partners, President Ferdinand R. Marcos, Jr. finally ordered “countermeasures” against the aggression of China Coast Guard and the Chinese Maritime Militia.
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