Still in Business China – Philippines in times of Dispute

“We are still on business in times of hardship issues with China” – DTI representative mention on an insider report. According to him still our economic tie with them is seen to be strong and never get affected.

Secretary of Trade Domingo on press briefing said “Despite from the territorial reclamations and dispute, it has never affected the business section between both country as Filipino security and investment concerns”. Undersecretary Manalo expresses the same view as of Domingo.

Manalo recently meet Chinas counselor on commercial trades and both parties discuss strategies on how both country moves forward in times of hardships. “Exports still on the go to china and investments still to come from them,” he added.

Even from tourist visits China top as third source of tourist visits updated February of 2014 with total counts of almost 100,000. The data gathered within the issue on territorial claims with china and the filing of the dispute case to UNCLOS.