That "Duterte Model" is going to get Duterte executed for treason.Beijing wants to apply the Duterte Model of finding a solution to its South China Sea disputes with Malaysia. Negotiating a bilateral deal with Kuala Lumpur, that is, rather than a multilateral deal that could involve all countries having an interest in the region.
That’s according to an article that appeared in The South China Morning Post, which claims that “Beijing is pushing for mechanism like it has with Manila… rather than go directly to the Association of Southeast Asian Nations.”
Thursday, May 23, 2019
China wants the Duterte Model in settling SCS disputes with other ASEAN countries
Flashback: President Aquino Should Avoid Inflammatory Rhetoric On South China Sea: China Is Not Nazi Germany!
Garbage article minimizing the threat of China from 2015. How much are the Chicoms paying that guy?
Thursday, May 16, 2019
Trump orders national emergency on information security; Commerce Department follows with Huawei restrictions
- Trump’s order bars the use of telecoms equipment made by companies deemed a threat to US national security, threatening Huawei
- Move would stymie Huawei’s efforts to expand into critical 5G market, giving US a chance to play catch-up
Thursday, May 9, 2019
Tuesday, May 7, 2019
Chinese firms could gain footholds at both Subic and Clark in the Philippines
Chinese businesses are still in the running to take over a Subic Bay shipyard and could soon also control nearly 2 square miles of what was once America’s largest air base in the Philippines, according to local media reports.Philippines Trade Secretary Ramon Lopez said the government would not, and could not, block Chinese offers to buy Subic Bay shipbuilder Hanjin Philippines, which has defaulted on $1.3 billion in loans, according to an April 25 Reuters news agency report.
From Stars and Stripes.
UPDATE: Compare and Contrast, people.
Trump administration forces China to sell the Port of Long Beach
Monday, May 6, 2019
Oh: PT&T pairs up with Chinese firm for national wifi network
The Philippine Telegraph & Telephone Corp. (PT&T) will put up a national wi-fi service with a Chinese partner.
In a disclosure on Monday, the listed telecommunications firm said its chairman Salvador Zamora II signed a $500-million deal with China's CITIC Networks Co. Ltd. to roll out wi-fi internet connection, digital television, and satellite network services covering the whole country.
Zamora through his holding company Tranzen Group, Inc. signed the memorandum of understanding with Citic's Luo Ning last month in Beijing, forming part of the over $12-billion business deals fetched during President Rodrigo Duterte's latest visit to the Mainland.
Can we trust China? I guess we can experience what Venezuela experienced if China decides to flip the switch and shut down the entire country?
Sunday, May 5, 2019
FORBES: Philippines Can Escape From China -- There's Still Time
If only there's some way we can check Duterte. Article here.The Philippines is already caught in China’s web, but there’s still the time and a way to escape from it.The time is now that its economy isn’t heavily dependent on China. And the way is by saying “no” to Chinese investments that could leave the country heavily indebted to Beijing...
It can say “no” to Chinese investment projects that promote China’s ambitions rather than Philippines priorities.
Why? For a simple reason: the Philippines economy doesn’t depend heavily on China, as other Asian economies do (e.g., the Malaysian economy).
China isn’t the top direct investor in the Philippines -- Japan, US, and Singapore are.
China isn’t the top export market for the Philippines either. Last year, America was the top export market, at 10.6 billion (15.6% of total Filipino exports), followed by Hong Kong ($9.6 billion (14.2%), and Japan $9.5 billion (14%). China occupied the fourth position($8.7 billion (12.9%).
That’s in sharp contrast with Malaysia, where China is the largest export market for Malaysia ($42.5B), followed by Singapore (35.7B), and the US ($33.1B).
This means that Beijing doesn’t have leverage against any “irrational” behavior by the Philippines, like canceling Chinese projects, as it has over Malaysia.
By coincidence, Malaysia’s exports dropped unexpectedly followed a decision of the country’s newly elected leadership to cancel certain Chinese projects.
Subscribe to:
Posts (Atom)