Thanks to the huge infrastructure program and other major projects, Chinese investment in the Philippines is growing rapidly from a low starting-point. What is to be expected from the Chinese economy in 2018 and beyond? While the Chinese stock market experienced a slight correction recently, the status quo is now more stable than in 2015. Following US-Chinese discord on intellectual property, the US Commerce Department has launched a trade investigation into Chinese exports of sheet aluminum to the US. Relying on its multilateral and new “major-country diplomacy,” China’s international statecraft complements its domestic economic policies.
Source: Manila Times December 31, 2017 17:26 UTC