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Davos conference highlights world inequality

ON the eve of the annual meeting of the world’s political, financial, and business elites in Davos, Switzerland, this week, an international anti-poverty organization Oxfam warned against the growing gap between the very rich and the poor of the world.

A HIGH-SPEED railroad – this was how Chinese Ambassador to the Philippines Zhao Jinhua described China-Philippine relations today following President Duterte’s recent state visit to Beijing. After their initial meeting, Duterte met again with China President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) Summit in Lima, Peru.

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The People’s Republic of China (PROC) is studying the possibility of waiving visa requirements for Filipinos wanting to visit China.

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US President-elect Donald Trump complained about Chinese economic and military policy on Twitter on Sunday, showing no signs of a conciliatory approach after a phone conversation with Taiwan’s president raised hackles in Beijing.

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He may consider Russian President Vladimir Putin his idol but President Duterte is still not keen on forging new military alliance with Russia.

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Although local fishermen have been allowed entry to the Scarborough Shoal, China still remains in full control as her ships and boats lord over the area.

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