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Taylor Swift album hits 1 million in China

AMERICAN singer-songwriter Taylor Swift may be more popular in China than the US, going by the first-week sales of her latest music.

China refuses to recognize arbitral ruling

CHINESE President Xi Jinping on Thursday refused to recognize the 2016 arbitral ruling that voided China’s claims to more than 80% of the South China Sea even as his “old friend” Philippine President Rodrigo R. Duterte insisted that the decision was “final, binding and not subject to appeal.”

China gets mixed PHL signals on apology

PHILIPPINE authorities issued conflicting signals about Chinese apology for the sinking of a Filipino fishing boat in June, with President Rodrigo R. Duterte’s spokesman and top diplomat disagreeing about the matter.

Duterte to sign education science agreements during China visit

PRESIDENT Rodrigo R. Duterte is expected to close agreements on education, science and technology, and economic and social development during his China visit next week, the Department of Foreign Affairs (DFA) said.

Local property stocks tumble as China wants Philippines to ban all...

INVESTORS unloaded stocks in some of the country’s top property developers on Thursday, amid worries that China’s crackdown on online gambling will dent the rising demand for office space and condominiums fueled by Philippine Offshore Gaming Operators (POGOs) and their Chinese workers.

China wants Philippines to stop all online gaming

CHINA wants Philippines to stop all forms of online gambling, as it continues cracking down on a practice it says causes illegal outflow of money.

Defense Chief annoyed over presence of Chinese navy in PHL waters

DEFENSE Secretary Delfin N. Lorenzana on Friday expressed his annoyance over the continuous presence of Chinese warships in Philippine waters.

Gap in Chinese bond rates hides risks as defaults rise

AS CHINA moves toward a more market-based approach to determining the cost of money in its economy, one metric suggests corporate debt is going in the opposite direction.

Nation’s chief diplomat retracts Chinese ship ban

FOREIGN AFFAIRS Secretary Teodoro L. Locsin Jr. retracted his earlier threat to ban Chinese survey ships from waters covered by the country’s exclusive economic zone, saying an international treaty bars the Philippines from doing so.

China seen saving monetary stimulus for trade war winter as yuan...

CHINESE policy makers are holding back from rolling out the big guns of monetary stimulus, keeping options in reserve as the trade standoff with the US risks morphing into a global currency war.

China lets yuan slump past seven per dollar as trade war...

SHANGHAI — China on Monday let the yuan tumble beyond the key 7-per-dollar level for the first time in more than a decade, in a sign Beijing might be willing to tolerate further currency weakness in the face of an escalating trade row with the United States.

Trust in China falls, while trust in US improves — SWS

THE Social Weather Stations (SWS) reported that even more Filipinos are distrustful of China since its last survey, while their trust of the United States has been increasing.

China is stifling its own movie business

AS TRADE tariffs and tweets by President Donald Trump hammer some of China’s biggest companies, the country’s movie business is taking a hit — from its own government.

China’s new loans in June seen at five-month high on liquidity

BEIJING — New bank loans in China are expected to have picked up to a five-month high in June, a Reuters poll showed, as Beijing kept ample liquidity in the financial system to support the slowing economy and offset growing US trade pressure.

China rejects having 3rd party in Recto Bank probe

MALACAÑANG ON Monday said the People’s Republic of China does not want to involve a third party in the joint investigation into the June 9 boat sinking incident at the Recto Bank in the West Philippine Sea.

Coming soon: ABS-CBN movies to air in China

ABS-CBN Corp. said its locally produced movies will soon hit TV screens in China, as it inked a deal with a Chinese media company to allow the airing of its content in the country.

After Honor of Kings failure abroad, Tencent retools overseas strategy

SHENZHEN, China/SHANGHAI — When Tencent Holdings Ltd. made its first big foray overseas with an adaptation of its blockbuster mobile game Honor of Kings in the summer of 2017, executives thought they had a sure-fire success on their hands.

China’s wildest rates since 2014 leaving bond traders stranded

CHINA’S BOND TRADERS are throwing away the script this year as the central bank repeatedly tweaks policy to keep up with shifts in the economy.

Duterte to stick to bilateral talks with China

PRESIDENT Rodrigo R. Duterte prefers a bilateral over a multilateral approach to the unresolved maritime dispute concerning the West Philippine Sea, Malacañang said on Tuesday.

China’s vicious banker fee war hits new low

CHINA’S INVESTMENT BANKERS are taking their price war to the fourth decimal place.

Palace asserts no need for China consent in marine protected areas...

THE PHILIPPINE government will not need China’s consent for its plan to declare some parts of the West Philippine Sea as marine protected areas, Malacañang said on Monday.

How richest family in Thailand got richer by helping China

CHIA EK CHOR fled his typhoon-ravaged village in southern China and started a new life in Thailand selling vegetable seeds with his brother in 1921. Almost a century later, with the largest family fortune in the country, his descendants are becoming Chinese President Xi Jinping’s key economic allies.

US ‘scared’ of China — Duterte

CHINA’s military buildup in the disputed waters of the South China Sea was made possible by US fears over the Asian power, Philippine President Rodrigo R. Duterte said on Sunday night.

US ‘very good,’ China ‘neutral’ in latest SWS poll

NET TRUST ratings were “very good” for the United States, “good” for Japan and Australia, and “neutral” for China, according to the latest Social Weather Stations (SWS) survey, which showed “the same grade for all four countries” compared to “when they were last surveyed,” SWS said.

China’s savers ignore gov’t efforts to cool $3-trillion WMP market

CHINA’S SAVERS are turning a deaf ear to government warnings about one of their favorite investments.

Duterte says gov’t should seek a ‘compromise’ with China over Pag-asa

PRESIDENT Rodrigo R. Duterte on Thursday said the government should seek a compromise with China over the Philippine’s Pag-asa Island, saying the country would never win if it went to war over it.

US still at the top of Filipinos’ trust list, China the...

FILIPINOS STILL trust the United States (US) the most and China the least among four countries in a poll by Social Weather Stations (SWS) in December.

Bond market fight: An upstart takes on China’s rating firms

SHANGHAI — By day, Yao Yu heads up risk control for an investment firm in the southern metropolis of Shenzhen. By night, he goes on the prowl for his own business, Ratingdog, sniffing out data that could bring clarity to China’s notoriously opaque bond market.

China to scrutinize pawnshop boom

THESE ARE NOT the small-dollar lending, used-guitar selling pawnbrokers of middle America.

Duterte extends terms of special envoys to China for this year

PRESIDENT RODRIGO R. Duterte has extended the terms of five special envoys to the People’s Republic of China.

Gov’t unlikely to protest Chinese rescue center in PHL-claimed area

MALACAÑANG ON Thursday said the Philippines should "perhaps be thankful" to China for the reported maritime rescue center it constructed in the Philippine-claimed Kagitingan Reef in the West Philippine Sea because it will be beneficial to seamen in distress.

China Railway unit tapped to build $3.7-billion Makati City subway

PHILIPPINE Infradev Holdings, Inc. (formerly IRC Properties, Inc.) has inked a deal with China Civil Engineering Construction Corp. (CCECC) for its $3.7-billion Makati City Subway Project.

Palace on China-Taiwan row: ‘It’s between the two countries’

“NEVER MIND them,” said President Rodrigo R. Duterte’s spokesman, in response to questions about China’s latest tension with Taiwan.

China’s 2018 movie box office revenue growth slows

BEIJING -- China’s movie box office revenue rose 9% in 2018 to 60.98 billion yuan ($8.87 billion), state media reported, a slower pace than the 13.45% clocked for the previous year.

Review of US-PHL defense treaty not influenced by other countries

REVIEWING the Mutual Defense Treaty (MDT) between the Philippines and the United States is not influenced by the interest of other countries, Defense Secretary Delfin N. Lorenzana said on Friday.

Ofo’s dramatic fall a warning to China’s tech investors

BEIJING/SHANGHAI — On the sidewalks of Shanghai and Beijing, once bright-yellow Ofo bicycles lie in varying states of disrepair — chains unhooked, wheels buckled and paint starting to fade — reflecting the quick rise and sharp fall of the Chinese bike-sharing start-up.

Shanghai bourse bans film star, highlighting celebrity crackdown

THE SHANGHAI stock exchange expanded its punishment of Chinese actress Zhao Wei over irregularities related to a failed 2016 takeover bid, underscoring the widening scrutiny of the finances of wealthy celebrities in the country.

Dolce & Gabbana says sorry as China debacle threatens its future

DOLCE & GABBANA’s Chinese marketing scandal is fashion’s biggest faux pas since former Christian Dior designer John Galliano’s anti-Semitic rant in 2011, and it’s potentially far more costly.

Dolce & Gabbana in China storm over videos seen as racist

CHINESE CONSUMERS are calling for a boycott of Dolce & Gabbana after the Italian fashion house posted videos that are being criticized as racist and insensitive, setting off a social-media drama that’s led to the postponement of a Shanghai runway show hours before it was due to start.

Duterte: China ‘in possession’ of South China Sea

PRESIDENT Rodrigo R. Duterte on Thursday said he opposes the conduct of military drills in the disputed waters of the South China Sea, adding that the area is in the “possession” of the People’s Republic of China.

Duterte gov’t ready to ‘protest’ Chinese weather stations in West Philippine...

MALACAÑANG ON Monday said it will confirm the South China Morning Post report that Beijing has opened weather station facilities on its artificial islands in the disputed West Philippine Sea, and, if proven true, the Philippine government is ready to “make necessary diplomatic protest.”

Money market funds’ growth poses headache for China’s central bank

CHINA’S ever-growing money market funds pose an increasing problem for the nation’s central bank as policy makers attempt to boost the flow of credit to cushion an economic slowdown.

A lady vanishes: In China, a movie star disappears amid a...

BEIJING/SHANGHAI — Fan Bingbing, an A-list Chinese movie star who has appeared in the X-Men and Iron Man film franchises, has more than 62 million followers online in China and fronted campaigns for Montblanc watches and De Beers diamonds, has disappeared.

Chinese business delegations visit Davao as consular office prepares for opening

MORE CHINESE investors have been visiting Davao City to scout for business opportunities in the southern islands, according to Mindanao Development Authority Deputy Executive Director Romeo M. Montenegro.

China’s record trade surplus with US adds fuel to trade war

BEIJING — China’s trade surplus with the United States widened to a record in August even as the country’s export growth slowed slightly, an outcome that could push President Donald Trump to turn up the heat on Beijing in their cantankerous trade dispute.