China on Thursday warned the European Union against escalating bilateral trade disputes, urging Brussels to drop plans to probe Chinese telecom products and impose hefty taxes on its solar panels.
The climate is turning more benign in upscale Ayala Alabang and it has nothing to do with Pagasa’s announcement that the uber-sizzling summer is about to end.
The peso inched up on Wednesday as reports of growing Chinese exports and imports lifted outlook on emerging economies.
China’s trade accelerated in April in a possible positive sign for its shaky economic recovery. Exports rose 14.7 percent over a year earlier, up from March’s 10 percent growth, customs data showed Tuesday. Imports gained 16.8 percent, up from the previous month’s 14.1 percent.
South Korea’s Hyundai Heavy Industries said Monday it had won a $700 million deal to build the world’s largest container ships for China Shipping Container Lines.
A powerhouse group of Filipino businessmen is flying to Nanjing, China, in September to explore new investments and expansion opportunities even as diplomatic ties between the two countries remain frosty over a territorial dispute.
Chinese businessmen are urging the Philippines to further open its market and to actively promote its business opportunities and famous brands to attract investors, the Philippine Exporters Confederation Inc. has reported.
The price of oil fell to near $93 on Wednesday after data showed a slowdown in China’s manufacturing growth.
Asian stock markets fell Wednesday in holiday-thinned trading after the pace of China’s manufacturing growth slowed in April, raising fears of a weaker recovery in the world’s second-largest economy.
Skip the Peking Duck for now. The Department of Agriculture (DA) has imposed a temporary ban on poultry and related products from China because of bird flu concerns.
China and 15 other Asia-Pacific nations will kick off the first round of free trade talks next month to create one of the world’s largest trading blocs, officials said Thursday.
The Association of Southeast Asian Nations (Asean) will pursue a free trade agreement with Hong Kong, a document obtained by AFP said Tuesday.
