RP, China to Sign 10 Trade Agreements Worth $1.5 B

Manila Bulletin, April 21, 2005 | Go to article overview

RP, China to Sign 10 Trade Agreements Worth $1.5 B


Byline: BERNIE CAHILESMAGKILAT

The Philippines and China are expected to sign 10 bilateral agreements and worth of $1.5 billion investments from six private sector commercial agreements to be signed during the state visit of Chinese president Hu Jintao next week in what seen to be the first wave of Chinese investments in the country.

This was revealed by Ambassador Jose E.B. Antonio, special envoy to the Peoples Republic of China and chairman of the Philippine-China Business Council, to reporters at the Philippine Business Leaders Forum.

"This will be the first wave of Chinese investments in the country," Antonio said. The Chinese leader will arrive for a state visit on Tuesday, next week.

Highlighting the short visit is the signing of six commercial agreements that would finalize long planned investments in the country.

These include the $1-billion investments of Shanghai Bao Steel Group Corp. and Jin Chuan Non-Ferrous Metals Corp. for the rehabilitation of the Philippine Nickel Corp. (Philnico) project in Surigao; the $300 million integrated glass manufacturing in Subic worth $300 million; and the $25-million Seeinglong Biotech Pharmaceuticals Inc.

Antonio said the entry of Bao Steel in Philnico would be a combination of equity and loan.

"What would be the exact specification of that assistance will be finalized next week," he said.

There are also other investments in the areas of energy, coconut products as well the framework agreement for joint exploration in the Calamian area in offshore northwest Palawan.

From the government to government side, the government-owned Philippine Infrastructure Corp. (PIC) as also lined up infrastructure projects with Chinese investors including the general loan agreement of $300 million of preferential buyers credit from the Chinese government to the Philippines. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

RP, China to Sign 10 Trade Agreements Worth $1.5 B
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.