CHINA seeks to resolve differences with the Philippines over maritime claims, Chinese Ambassador to the Philippines Huang Xilian said on Monday, and maintain good overall bilateral relations. “We are neighbors that cannot be moved away and have every reason to live together peacefully,” he said during the Chinese Embassy’s celebration of its 73rd […]
Tag: china
GalaxySpace Completes a New Financing Round with Legend Capital Re-upped
HONG KONG, Sep 25, 2022 – (ACN Newswire via SEAPRWire.com) – GalaxySpace, a Chinese commercial aerospace company, recently completed its latest financing round with a post-investment valuation of approximately RMB11 billion. As an existing shareholder, Legend Capital continued to support the company by following up on this financing round. Legend Capital first invested in GalaxySpace […]
Australia seeks stable ties with ‘great power’ China, minister says
SYDNEY — Australia is aiming for a stable relationship with China despite differences, in particular, on trade, Australia’s foreign minister said, as she called on China to use its influence as a great power to help end the war in Ukraine. Australia’s ties with its largest trading partner are at a low after disputes over […]
Biden, Marcos discuss tensions in South China Sea
NEW YORK — US President Joseph R. Biden, Jr., and his Philippine counterpart, Ferdinand R. Marcos, Jr., underscored their support for freedom of navigation and overflight in the South China Sea on Thursday, in response to China’s efforts to exert its influence there. Messrs. Biden and Marcos held their first face-to-face talks on the sidelines […]
Philippines told to explore South China Sea for oil
By Matthew Carl L. Montecillo THE NATIONAL Government should proceed with the exploration of the South China Sea for oil and gas, a congressman said on Monday. “Let’s do it, let’s look for gas and oil in the West Philippine Sea, especially in Recto Bank off Palawan, which reportedly holds natural gas deposits that are […]
Experts want code of conduct among sea claimants
By Alyssa Nicole O. Tan, Reporter POLITICAL analysts at the weekend backed a senator’s proposal to limit talks on a proposed code of conduct in the South China Sea to claimant countries. “A South China Sea claimants-only venue is a good platform to manage or address the intractable dispute since they have the biggest stakes […]
Philippines and Singapore affirm peaceful end to maritime dispute
THE PHILIPPINES and Singapore have affirmed the need to resolve the sea dispute in the South China Sea peacefully, while citing the need to keep freedom of navigation, the Philippines’ Department of Foreign Affairs (DFA) said in a statement on Wednesday. Both countries reaffirmed the importance of peace, stability, safety, and freedom of navigation and […]
Marcos eyes Indonesia sea pact to settle China maritime dispute
By Kyle Aristophere T. Atienza, Reporter PHILIPPINE President Ferdinand R. Marcos, Jr. on Tuesday said he would consider a 2014 sea border deal with Indonesia to settle the country’s sea dispute with China. The strategy used by the two countries to settle overlapping claims in the Mindanao and Celebes seas is “worthwhile to explore at […]
Marcos told to boost Indonesia ties to repel China
By Kyle Aristophere T. Atienza, Reporter THE PHILIPPINES should cooperate with Indonesia on the South China Sea dispute and boost economic activities in areas being claimed by China, political analysts said on Monday. Philippine President Ferdinand R. Marcos, Jr. should look at Indonesia’s plan to set up a special economic zone in its key territory […]
DFA: No progress yet in oil talks between Philippines and China
THE PHILIPPINES and China have yet to make progress in oil and gas exploration talks on the South China Sea, the Department of Foreign Affairs (DFA) said on Monday. “The official talks have not gone beyond initial discussions, which were done during the visits of State Councilor and Foreign Minister Wang [Yi] and International Department […]
A grand night of glamour, beauty as Oro China celebrates 55 years
Investing in jewelry is one the most beautiful and personal journeys one could embark on. Ever since its existence, the appeal for jewelry has never dwindled and continues to be in high demand. They are worn as statement pieces or cherished as priceless heirloom pieces that will soon be passed from one generation to the […]
Manila open to China oil talks
THE PHILIPPINES is open to resuming talks with China on oil and gas exploration in the South China Sea despite a sea dispute, Foreign Affairs Secretary Enrique A. Manalo said on Wednesday. “We need to see how we can develop those resources, gas and oil, which especially nowadays are in sore need,” he told the […]
Nissin Foods Announces 2022 Interim Results
HONG KONG, Aug 30, 2022 – (ACN Newswire via SEAPRWire.com) – Nissin Foods Company Limited (“Nissin Foods” or the “Company”, together with its subsidiaries, the “Group”; Stock code: 1475) has today announced its interim results for the six months ended 30 June 2022 (“the reporting period”). Highlights— Revenue from the Hong Kong operations increased solidly […]
Marcos told to push against China encroachment
A GROUP of young Filipinos on Monday asked President Ferdinand R. Marcos, Jr. to protect Philippine territories from Chinese encroachment, as the nation celebrated National Heroes Day. Mr. Marcos should take a firm stand against China’s expansive activities in the South China Sea at the United Nations General Assembly (UNGA) meeting in the US next […]
US warships transit Taiwan Strait, first since Pelosi visit
WASHINGTON — Two US Navy warships sailed through international waters in the Taiwan Strait on Sunday, the first such operation since a visit to Taiwan by US House Speaker Nancy Pelosi enraged China which regards the island as its territory. The US Navy, confirming a Reuters report, said cruisers Chancellorsville and Antietam were carrying out […]
China Bank makes employees eligible for LinkedIn upskilling
CHINA Banking Corp. (China Bank) said it has purchased licenses to use LinkedIn Learning for all its 9,800 employees, to help with their upskilling and reskilling via the professional networking platform. Starting Aug. 16, all China Bank employees will have access to LinkedIn Learning, an online educational platform with more than 18,000 courses covering hard […]
Marcos, Chinese envoy meet to discuss relations
PHILIPPINE President Ferdinand R. Marcos, Jr. has met with China’s envoy to the Philippines in a bid to improve ties between the two nations, he said in a Facebook post on Thursday. “We are very grateful for the visit, and we look forward to further strengthening the relationship between China and the Philippines for the […]
Consul Li: China to uphold peace
CHINESE Consul-General in Cebu Jia Li assures that China will uphold ‘peaceful reunification’ with Taiwan while blaming the United States and its allies for “inciting” tension and division in the contested region.In a media briefing explaining the stand of the People’s Republic of China (PRC) on the issue of rising tension, Li assured China will […]
PHL tycoon Uy’s business may face $700 million debt bill
The business empire of Philippine tycoon Dennis A. Uy, which recently made headlines with a notice of default, may face nearly $700 million worth of loans maturing this year. The most recent financial report of Uy-backed DITO CME Holdings Corp., covering the quarter through end March and published in late May, lists subsidiary DITO Telecommunity […]
Prada navigates tricky COVID curbs to hold Beijing show
BEIJING/SHANGHAI — Prada on Friday became the first major luxury house to host a show in China this year, navigating strict COVID curbs to send models down a catwalk in a historic Beijing mansion hotel, a move aimed at underscoring its commitment to the market. Livestreamed on multiple online platforms including Weibo, more than 400 […]