Monthly Archives: October 2018

UN: Genocide continues in Myanmar

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A UN investigator took interest in the Genocide of Rohingya Muslims in Myanmar, stating that the genocide is still in occurrence despite the more than 700,000 Rohingya have fled to Bangladesh in the last year. The Myanmar ambassador to the UN publicly denied these statements saying ” [they were] made on unverified circumstantial evidence with no sound legal proof.” Russia and China who… Read more »

Chinese and Japan relations (Analysis)

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China and Japan have recently met together to discuss strengthening their ties to one another. It was only 46 years ago that the signing of the China-Japan Treaty of Peace and Friendship was signed, which marked the first step towards brighter and better bilateral ties. The Chinese Premier Li Keqiang said “China will unswervingly continue its reform and opening-up. China’s… Read more »

China urges United States not to politicize currency exchange rates

BEIJING, Oct. 25 (Xinhua) — China on Thursday urged the United States not to politicize the issue of currency exchange rates, according to the Ministry of Commerce (MOC). MOC spokesperson Gao Feng said at a press conference that it had become an international consensus that China did not manipulate the exchange rate of its currency, the renminbi (RMB), stressing that… Read more »

Philippines, China set up peso-renminbi exchange

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) and the Bank of China are set to formally ratify next week the establishment of a system that will allow local banks to directly exchange renminbi (RMB) to peso and vice-versa at better rates. Bank of China and BSP are scheduled to sign on Oct.30 the memorandum of understanding (MOU) for… Read more »

Philippines’ Duterte sacks all top customs officials over drugs

MANILA: Philippine President Rodrigo Duterte fired the head of the Bureau of Customs on Thursday (Oct 25) and ordered all top bureau officials replaced after the agency failed to intercept more than a tonne of drugs, the second such case in two years. Duterte has made a bloody fight against drugs the centrepiece of his administration since he won a… Read more »

Philippines: Duterte faces first serious dip in popularity ratings

His domestic reputation has survived a brutal drug war that took thousands of lives, an attack on God as “stupid”, jokes about rape and a barrage of misogynistic comments. But now the Philippine president, Rodrigo Duterte, faces the first serious dip in his popularity ratings amid soaring inflation, which has caused the price of some everyday items such as rice, bread and fuel… Read more »

Will the new Bridge affect path to Hong Kong’s Sovereignty (Analysis)

This happenings of this past week have been a major landmark in connecting the country of China with its semi autonomous region Hong Kong. A bridge between the two regions was officially opened by Chinese president Xi Jinping in hopes to benefit trade and for China to regain more control of a nation seeking sovereignty from them. With this big… Read more »

UN: Genocide continues in Myanmar

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A UN investigator looking into the plight of Rohingya Muslims in Myanmar says genocide against the minority is still going on. The leader of a UN fact-finding mission on Myanmar, Marzuki Darusman, told reporters on Wednesday that the remaining Rohingya community continues to suffer the most severe oppression, adding that nothing has fundamentally changed over the past year. Darusman also… Read more »

China denies bugging Trump’s cell phone

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The Chinese foreign ministry has denied a US report that China is eavesdropping on President Donald Trump’s private conversations on his mobile phone. Spokesperson Hua Chunying told reporters on Thursday that some people in the United States are doing their utmost to win an Oscar for best script, downplaying a report in The New York Times as a fiction. She… Read more »

Trade with China to continue despite Philippine-US ties

MANILA, Philippines — Trade with China will continue despite the Philippines’ stronger economic ties with the United States, the Department of Trade and Industry (DTI) said, as President Duterte expressed reservation over a condition that he said is being imposed by Washington on its trade partners. Trade Secretary Ramon Lopez and US Trade Representative Robert Lightizer recently announced that the… Read more »