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Espiya Newstand (Current Events, Classifieds, Events) => Current Discussions => Politics => : A7x April 20, 2015, 01:19:12 AM

: Binay: 'China has money, we need capital'
: A7x April 20, 2015, 01:19:12 AM
(http://assets.rappler.com/612F469A6EA84F6BAE882D2B94A4B421/img/CEB0CC5000EE48749FBC2CEA36219CD1/binay-china-ambassador-20150414-1_CEB0CC5000EE48749FBC2CEA36219CD1.jpg)
BOOSTING TIES. Chinese Ambassador to the Philippines Zhao Jianhua (right) pays a courtesy visit to Philippine Vice President Jejomar Binay (left) on April 15, 2014. Photo courtesy of the Chinese Embassy in the Philippines

Vice President Jejomar Binay calls for a 'joint venture' with China in developing the resources in the disputed South China Sea

MANILA, Philippines – In a preview of his approach toward China if elected president, Vice President Jejomar Binay stressed China's economic might as he pushed for bilateral talks between Manila and Beijing over the disputed South China Sea.

"May pera po ang China, kailangan po natin ng kapital (China has money, we need capital)," Binay said in an interview on Saturday, April 12, over the radio station DZYM in Catarman, Northern Samar.

His office sent to reporters the transcript of the interview on Tuesday, April 14.

In particular, he called for a "joint venture" between the Philippines and China in developing the natural resources in the South China Sea, parts of which the Philippines calls the West Philippine Sea.

The Vice President – who wants to become Philippine president in 2016 – said he hopes the Philippines can improve its trade relations with China despite the maritime dispute.

Binay made these comments days before President Benigno Aquino III on Tuesday said China's actions in the South China Sea should spark fear around the world.

Earlier, the Philippine Department of Foreign Affairs (DFA) slammed China for building artificial islands in the West Philippine Sea.

On Monday, April 13, the DFA said China's reclamation activities in the disputed waters have destroyed 300 acres of coral reefs and resulted in around $100 million in economic losses among coastal states.

In contrast to Binay's personal stance, the Philippines under Aquino has issued more provocative statements against the Asian giant. (READ: Why China prefers Arroyo over Aquino)

Sea row 'until after death'

The Philippines' boldest move against China came in January 2013. It filed an arbitration case against China before an arbitral tribunal at the Permanent Court of Arbitration based in The Hague, The Netherlands, to demolish China's expansive claims over the South China Sea.

Pursuing this case, the Philippines filed a 4,000-page memorial or pleading against China in March 2014, and submitted a 3,000-page supplemental memorial in March 2015.

Manila expects a ruling against China by 2016.

Binay pointed out, however, that China will refuse to heed the arbitral tribunal's ruling. (READ: Rough seas: Will PH 'lawfare' work vs China?)

For him, this means the Philippines should continue its dialogue with China over the two countries' competing claims over the South China Sea, which the Philippines calls the West Philippine Sea.

"'Yung problema natin sa Tsina, nakakalungkot, pero tanggapin po natin na hindi naman po matatapos 'yan kaagad. Siguro, ilang taon na tayong namamatay eh hindi pa rin nareresolba 'yan," he said in the radio interview.

(The problem with China, sadly, will not be resolved immediately. Perhaps we would have died by many years, and we wouldn't have resolved the problem.)

In a position close to Binay's, Filipino-Chinese businessmen earlier said the Philippines should set aside its differences with China to avoid missed opportunities for the Southeast Asian country.

Dr Alfonso Siy, president of the Federation of Filipino-Chinese Chambers of Commerce and Industry Incorporated, said in February: "The Chinese are getting rich and starting to travel. Chinese tourists are very rich and love to spend money so it’s a good opportunity to get more businesses, income, and create jobs."

http://www.rappler.com/nation/89880-binay-china-philippines-south-china-sea?utm_content=buffer3b29f&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer
: Re: Binay: 'China has money, we need capital'
: -=Kurabo=- April 20, 2015, 01:23:34 AM
totoo naman sinabi niya eh ang problema balahura kasi China at di tayo rerespeto niyan
: Re: Binay: 'China has money, we need capital'
: freeyourmind April 20, 2015, 01:59:21 AM
yan ang mga politiko niyong traydor pinapaalipin kayo sa insik
: Re: Binay: 'China has money, we need capital'
: bobotnaman April 20, 2015, 07:56:09 AM
yan yung ginawa ni GMA dati. pinapasok niya lahat ng intsik na investors, nakipag sosyo siya sa china para makita kung may langis west phil sea. dahil hindi din naman natin kaya hukayin yun. kaya lang hindi tinuloy ng sunod na administrasyon. kaya ayan tuloy sinakop nalang ng china.
: Re: Binay: 'China has money, we need capital'
: lawrencium April 20, 2015, 08:04:14 AM
sira na ulo niyang si binay,kita mo namankung gaano ka aggressive ang china sa ginagawa nilang mga reclamation activities ngayon sa spratlys,isang iglap may mga signiicant establishments na sila,gusali at mga himpilang pang militar, tamayung sinasabi ng Japan,  pag nabuo nan ila yung strategic triangle nila malakng dagok sa ekonomiya natin yon, yungmga byahe natin papuntang ibang bansa ay baka ma divert dahil baka taxable napag dumaan tayo sa spartly area since pag aari na yon ng china sa mga darating na panahon pag hinayaan pa natin sila, tsaka pa ngayon nakikipag joint venture sijejemon binay sa china,obvious naman na expansionist ang bansang yan at gagawin nila lahat pati na linlangin tayo.
: Re: Binay: 'China has money, we need capital'
: naruto789544 April 20, 2015, 10:00:16 AM
there are many investors available willing to bring the capital here... why choose china? and this is the man leading in the presidential survey... what a pity state for our country if ever...
: Re: Binay: 'China has money, we need capital'
: kenji_kulet April 20, 2015, 12:54:35 PM
kelangan lang nya ng campaign money  smoking:: kung bebenta mo lang naman din ang bansa mo edi sa America ka na kumampi

lalakas pa Military mo, suportado ka pa ng ibang bansa  smoking::
: Re: Binay: 'China has money, we need capital'
: Zbuffer101 April 20, 2015, 02:17:34 PM
HongKong chinese hates china
Taiwan chinese hates china
Singaporean chinese hates china
mga fil-chi hates china

laffman::

anong say nyo  ::)

: Re: Binay: 'China has money, we need capital'
: weng151515 April 20, 2015, 08:02:49 PM
binay just love it.....a corrupt vice president loves corrupt brothers....ha ha ha...
: Re: Binay: 'China has money, we need capital'
: -=Kurabo=- April 21, 2015, 02:06:54 AM
yan yung ginawa ni GMA dati. pinapasok niya lahat ng intsik na investors, nakipag sosyo siya sa china para makita kung may langis west phil sea. dahil hindi din naman natin kaya hukayin yun. kaya lang hindi tinuloy ng sunod na administrasyon. kaya ayan tuloy sinakop nalang ng china.

akin lang in fairness kay GMA, kung economist ka, naforsee niya na nag magboboom ang China so yun ang pinaka the best possible way.. dumikit ka kung saan may pera, tingnan mo ginagawa ng Germany,France,Australia at iba pa, yun din ang ginawa ni Gloria.

Ang problema lang pinutol ni Pnoy kasi project ni GMA, at siyempre nag maktol ang China at alam na malaki ang pera sa langis ayun. Mas maganda na makipagsosyo ka kesa agawin sayo tapos kahit isang kusing wala kang napala
: Re: Binay: 'China has money, we need capital'
: BlueAlphaZero April 21, 2015, 03:15:14 AM
HongKong chinese hates china
Taiwan chinese hates china
Singaporean chinese hates china
mga fil-chi hates china

laffman::

anong say nyo  ::)

One of the fellows having lunch at the corner goto stand in my neighborhood said it was time to start doing loyalty checks on the local taipans just to be sure that they don't turn into a fourth column and it was also time to start executing the Chinese drug lords who are in jail or who get arrested just to make sure that they don't turn into a fifth column for Beijing.
: Re: Binay: 'China has money, we need capital'
: spikespeigel July 31, 2015, 06:39:08 AM
yan yung ginawa ni GMA dati. pinapasok niya lahat ng intsik na investors, nakipag sosyo siya sa china para makita kung may langis west phil sea. dahil hindi din naman natin kaya hukayin yun. kaya lang hindi tinuloy ng sunod na administrasyon. kaya ayan tuloy sinakop nalang ng china.

Totoo nga...kaya nga pati black sand mining pinasok ng mga tsino sa Pinas starting noong panahon ni GMA...

Binay wouldn't be any different from her if we go by his pronouncements.
: Re: Binay: 'China has money, we need capital'
: spikespeigel July 31, 2015, 06:42:17 AM
akin lang in fairness kay GMA, kung economist ka, naforsee niya na nag magboboom ang China so yun ang pinaka the best possible way.. dumikit ka kung saan may pera, tingnan mo ginagawa ng Germany,France,Australia at iba pa, yun din ang ginawa ni Gloria.

Ang problema lang pinutol ni Pnoy kasi project ni GMA, at siyempre nag maktol ang China at alam na malaki ang pera sa langis ayun. Mas maganda na makipagsosyo ka kesa agawin sayo tapos kahit isang kusing wala kang napala

Selling off the country's interest and sovereignty  was what GMA did and that's treason. 
: Re: Binay: 'China has money, we need capital'
: bigbanggoo July 31, 2015, 07:11:21 AM
Lol it's not treason. Since deal naman yun and both parties ang makikinabang. Ang treason e yung ginawa ni abnoynoy na pinapamigay yung mindanao sa mga terorista.
: Re: Binay: 'China has money, we need capital'
: spikespeigel July 31, 2015, 08:07:50 AM
Lol it's not treason. Since deal naman yun and both parties ang makikinabang. Ang treason e yung ginawa ni abnoynoy na pinapamigay yung mindanao sa mga terorista.

Only history can judge Pnoy on the BBL but with the benefit of hind sight, it has been proven that  GMA's assent to the JMSU in 2004 with China has given the Chinese a free pass into our country's EEZ.
http://www.rappler.com/nation/9128-how-china-views-aquino,-arroyo (http://www.rappler.com/nation/9128-how-china-views-aquino,-arroyo)
: Re: Binay: 'China has money, we need capital'
: naruto789544 July 31, 2015, 11:30:53 AM
we cannot do anything about the past... but what we can do is to make sure that the future will not be controlled by china... as i mentioned, there are other countries willing to invest here... wag lang pahirapan and hingan ng napakalaking tongpats... that is the reason they like china... they're good at this...
: Re: Binay: 'China has money, we need capital'
: erap July 31, 2015, 02:31:35 PM
pera daw ang pinag uusapan? bakit daw hindi sa france,europe, america etc.. bakit sino ba pikama mayamang bansa? dba china? XD
: Re: Binay: 'China has money, we need capital'
: burnhito July 31, 2015, 09:31:25 PM
pera daw ang pinag uusapan? bakit daw hindi sa france,europe, america etc.. bakit sino ba pikama mayamang bansa? dba china? XD
Indeed China is the richest though there is something about China that make us doubtful and cynical towards them. Compare to the west and its allies they can be cunning, but maybe we are just prejudice towards all sides.
: Re: Binay: 'China has money, we need capital'
: zensuke101 July 31, 2015, 11:06:55 PM
kahit din ang japan nag survey
kung ano capabilities ng pinas
talagang kulang talaga sa funds ang pinas
: Re: Binay: 'China has money, we need capital'
: Idiot August 01, 2015, 04:35:28 AM
i don't believe fil-chinese hates china

nag-invest si Henry Sy sa china nagpatayo nga ng SM sa china e

binay said the truth

even the financial experts sa USA e sinisisi ang china dahil malaki ang pinasok na pera sa US ang resulta bumababa ang interest rate sa US

US e walang capability mag-invest e laki ng utang
EU e facing a crisis dahil sa Greece Default

economic policy ng Pinas e 40% percent lang ang foreign ownership ang daming pang permit
ang laki pa ng tax
salot pa ang labor union
tapos kinikidnap pa ang mga investors
: Re: Binay: 'China has money, we need capital'
: -=Kurabo=- August 01, 2015, 04:44:37 AM
tawag nga sa Pinas, useless ally eh bnana

we don't have something to offer but only our raw material resources and human shields.. nothing more
: Re: Binay: 'China has money, we need capital'
: burnhito August 01, 2015, 11:04:50 AM
kahit din ang japan nag survey
kung ano capabilities ng pinas
talagang kulang talaga sa funds ang pinas


If our government officials are not corrupt then probably we might have a decent armed forces though not at par with China, but can be decent enough to make them think twice about occupying our territory. Correct me if i'm wrong that the taxes that we are paying is enough to support (without any forms of corruption) infrastructure, medical, educational, military and other developments for the country, but our f#@&ing government is just too corrupt and greedy.
: Re: Binay: 'China has money, we need capital'
: naruto789544 August 01, 2015, 11:57:34 AM

If our government officials are not corrupt then probably we might have a decent armed forces though not at par with China, but can be decent enough to make them think twice about occupying our territory. Correct me if i'm wrong that the taxes that we are paying is enough to support (without any forms of corruption) infrastructure, medical, educational, military and other developments for the country, but our f#@&ing government is just too corrupt and greedy.

agree sir burnhito... take out the corruption from the equation and we have more than enough resources for our nation's needs...  the question is can we?
: Re: Binay: 'China has money, we need capital'
: zensuke101 August 01, 2015, 11:59:20 AM

If our government officials are not corrupt then probably we might have a decent armed forces though not at par with China, but can be decent enough to make them think twice about occupying our territory. Correct me if i'm wrong that the taxes that we are paying is enough to support (without any forms of corruption) infrastructure, medical, educational, military and other developments for the country, but our f#@&ing government is just too corrupt and greedy.

that's reality...
it's sucks....
just imagine the phi a first world country
ano kaya.... wishfulthinking
: Re: Binay: 'China has money, we need capital'
: mambabasa August 02, 2015, 08:46:01 PM
Lahat naman sinasabi kung Hindi corrupt ang mga officials... Eh sino ba ang bumoto sa kanila right?

Sana sa darating na election lahat ng Pilipino would think twice sino ba ang dapat iboto ko?

Sana din isipin ng lahat na... Ano ba ang dapat kong gawin para umunlad ang Pilipinas? Palagi na Lang ba tayo mag rereklamo kasi si gma kasi si Cory kasi si pinoy kasi si Ramos... Eh Kung gumawa Kaya tayo ng paraan para maka inspire sa iba na gumawa ng tama at gumawa ng paraan para umunlad ang buhay natin right?

Isa Lang Paraan para umangat ang pinas, matuto ang bawat isa na bumoto ng tamang pinuno.
: Re: Binay: 'China has money, we need capital'
: leightot August 06, 2015, 09:36:29 PM
PI nognog! nough said lol