The Philippines needs Chinese agriculture machinery and irrigation equipment." Eduardo Araral, vice-dean of the Lee Kuan Yew School of Public Policy in Singapore, says there’s significant room for expanded economic ties between the two countries. Last week’s South China Sea ruling by an international tribunal at The Hague represented an emphatic victory for the Philippines, and a stunning defeat for China. "China needs food and the Philippines can supply some -- raw and processed," he said. "Any retaliatory economic measures are more likely to be undertaken by China against the Philippines instead of vice versa."

Source: Thanhnien News July 20, 2016 12:00 UTC