. Space Industry and Business News .




.
ENERGY TECH
Philippine leader flies to China
by Staff Writers
Manila (AFP) Aug 30, 2011

Philippine President Benigno Aquino flew to China late Tuesday, aides said, on a mission to secure billions of dollars in business deals as the two sides look to move beyond a territorial row.

The state visit features talks with Chinese President Hu Jintao, the signing of trade, economic and other accords, and meetings with businessmen in Beijing, Shanghai and Xiamen city, Executive Secretary Paquito Ochoa said.

"The primary objective of the Presidents visit is to further strengthen bilateral ties between the Philippines and China, especially in the aspect of trade and commerce," he said in a statement issued before Aquino's departure.

"President Aquino will be meeting Chinese businessmen and economic policy-makers, and given the potential of both our economies, we hope to close investment deals that will be beneficial for all those involved."

Aquino's chartered Philippine Airlines flight took off at 6:14pm (1014 GMT), Manila airport officials said.

The visit, which ends Saturday, comes against the backdrop of increasingly strident Philippine accusations of Chinese aggression and bullying in their dispute over competing claims to parts of the South China Sea.

Aquino's aides said he would raise the sensitive issue in his meetings with China's leaders, including Hu, but his main focus would be on improving economic ties.

Foreign Affairs Assistant Secretary Cristina Ortega announced last week that Manila hopes to sign a five-year economic plan that would target $60 billion in two-way trade in 2016, a six-fold rise from 2010.

China, with an eye on the Philippines' vast and mostly untapped natural resources, has also signalled it does not want the maritime tensions to derail a flourishing economic partnership.

China has scoured the world in recent years for all kinds of natural resources to fuel its fast-developing economy and provide the raw materials for its phenomenal manufacturing sector.

Despite an untapped mineral wealth estimated at more than $840 billion however, the Philippines has so far not clinched the kinds of huge resource contracts that China has forged with other resource-rich nations.

Philippine officials have also said they will be seeking Chinese investment in a raft of infrastructure projects, from rail to roads, airports and schools.




Related Links
Powering The World in the 21st Century at Energy-Daily.com

.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries








. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



ENERGY TECH
Tackling mysteries about carbon, possible oil formation and more deep inside Earth
Denver CO (SPX) Aug 30, 2011
How do diamonds the size of potatoes shoot up at 40 miles per hour from their birthplace 100 miles below Earth's surface? Does a secret realm of life exist inside the Earth? Is there more oil and natural gas than anyone dreams, with oil forming not from the remains of ancient fossilized plants and animals near the surface, but naturally deep, deep down there? Can the greenhouse gas, carbon dioxi ... read more


ENERGY TECH
Amazon tablet seen as worthy iPad rival

Scientists put a new spin on traditional information technology

HP plans one last production run for the TouchPad

Indian MPs get iPad lessons to cut paperwork

ENERGY TECH
"Network in A Box" Allows Military Vehicles To Be Used For Multiple Missions

Space Command retires workhorse satellite

Raytheon Develops Miniature Antenna To Extend Millimeter Wave Friendly ID Technology

China launches another experimental satellite

ENERGY TECH
Russia to test launch Soyuz rockets before delivering ISS crews

The fifth Ariane 5 of 2011 is ready for integration of its dual-satellite payload

Glonass-M satellite launch postponed for additional check

Russia 'grounds Soyuz rockets' after space crash

ENERGY TECH
Researchers Improving GPS Accuracy In The Third Dimension

ASA Search and Rescue Software Used To Locate Capsized Boat Off Ireland

Software said to improve GPS accuracy

Two SOPS calls on reliable spare for active service

ENERGY TECH
Netherlands sells off aircraft

Air New Zealand earnings plunge after disasters

Air disaster narrowly averted in China: report

Philippine Airlines lays off ground staff

ENERGY TECH
Flexible electronics hold promise for consumer applications

Microscope on the go: Cheap, portable, dual-mode microscope uses holograms, not lenses

New nanoscale parameter by Aalto University resolves dilemmas on silicon property

Berkeley Lab scientists unveil an X-ray technique called HARPES

ENERGY TECH
Google plots Hurricane Irene with online map

NASA Satellites Detect Pothole on Road to Higher Seas

Elbit To Supply Asian Countries with Electro-Optical Payloads for Maritime Applications

TRMM gets a look at Irene, the first hurricane of the Atlantic season

ENERGY TECH
Philippines to dismantle deadly garbage dump

Greenpeace finds toxic chemicals in branded clothing

Greenpeace Copenhagen gatecrashers get wrists slapped

Second chemical leak at Australian plant


Memory Foam Mattress Review
Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News
.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement