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Verified
Research Intern, apec.org
Singapore
Beats
Environment , Chem Pharma Industry, Thailand And SE Asia , Iberian Peninsula , Finance , German , Austrian , Swiss Companies, Art, Culture
Gambling, Betting, Bitcoin
Content
By Yen Nee-lee| CNBC Verified Chinese President Xi Jinping holds talks with his Philippine counterpart Rodrigo Duterte in Manila, the Philippines on Nov. 20, 2018. Xinhua News Agency | Getty ImagesThe Philippines has been warming up to China since President Rodrigo Duterte was elected in 2016. As Filipinos head to the polls on May 9 to elect a new leader, observers will be watching closely to see what the new leadership could mean for the Philippines' growing ties with Beijing.
By Yen Nee-lee| CNBC Verified Philippine President Rodrigo Duterte met with Chinese President Xi Jinping in April, 2019 in Beijing, China. Kenzaburo Fukuhara | Kyodo News | Getty ImagesMore than five years on, Philippine President Rodrigo Duterte's Beijing-friendly postures have not tamed China's aggression in the disputed South China Sea — and the next Philippine leader should be bolder in challenging Beijing, said a political and risk analyst.
By Yen Nee-lee| CNBC Verified Chinese President Xi Jinping holds talks with his Philippine counterpart Rodrigo Duterte in Manila, the Philippines on Nov. 20, 2018. Xinhua News Agency | Getty ImagesThe Philippines has been warming up to China since President Rodrigo Duterte was elected in 2016. As Filipinos head to the polls on May 9 to elect a new leader, observers will be watching closely to see what the new leadership could mean for the Philippines' growing ties with Beijing.
Company Info
apec.org
The Asia-Pacific Economic Cooperation (APEC) is an inter-governmental economic organization established in 1989. It aims to promote free trade, economic growth, and regional cooperation among its 21 member economies in the Asia-Pacific region, which includes major economies like Australia, Canada, China, Japan, South Korea, and the United States. APEC serves as a forum for dialogue and policy coordination, focusing on trade facilitation, investment promotion, and economic and technical cooperation. It works to reduce trade barriers, encourage investment flows, and improve living standards through initiatives in education, innovation, and sustainable development. Key initiatives include the Bogor Goals, which target free and open trade and investment, and the Osaka Action Agenda, which outlines steps to liberalize trade and facilitate business activities. APEC operates on a consensus-based decision-making model, ensuring that all member economies have an equal voice in shaping policies and initiatives.
Founded: 1989