![]() ![]() However, territorial disputes in the South China Sea, which include the disputed sovereignty of the Spratly Islands have plagued bilateral relations over the years. The early decades of the relationship saw the signing of several bilateral agreements and treaties, which included a bilateral investment (BIT) in 1992 and a double taxation agreement (DTA) in 1999. Relations between the two countries have been “predominantly warm and cordial” over the years, as expressed by the Office of the Press Secretary. China-Philippines relationsĬhina and the Philippines established formal diplomatic relations in 1975. In this article, we discuss explore China-Philippine bilateral relations, including the trade and investment flows between the two countries and the current bilateral investment and trade treaties, and discuss the significance of the Philippine president’s visit to China. President Marcos’ state visit to China marks a significant step forward for bilateral relations between China and the Philippines, a relationship that has been marred by territorial disputes over the past few decades. The two sides also reportedly signed 14 bilateral agreements on Wednesday, January 4, covering a wide range of industries, including agriculture and tourism. President Marcos has also stated his intention to raise the issue of territorial disputes in the South China Sea “in a bid to settle problems in a friendly manner and seek to resolve those issues to the mutual benefit of the two countries”, according to a news release posted on the Philippine’s Office of the Press Secretary. ![]() In a regular press briefing, the spokesperson for China’s Foreign Ministry Wang Wenbin stated that China hoped the visit would “usher in a new ‘golden age’ in bilateral friendship”. During his visit, President Marcos will meet with President Xi Jinping, as well as Premier Li Keqiang and Chairman Li Zhanshu of the Standing Committee of the National People’s Congress (NPC). This is President Marcos’ first visit to China since taking office last year. The President of the Philippines Ferdinand Marcos Jr landed in Beijing on Tuesday, January 3 for a three-day state visit to China. 14 bilateral agreements were signed in key cooperation areas, adding to the hundreds that already exist between the two countries. The Philippines President Ferdinand Marcos Jr is on a three-day state visit to China, where he will meet with President Xi Jinping in the hope of deepening bilateral trade and investment ties and addressing security concerns. China Briefing Team Reading Time: 13 minutes ![]()
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