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  1. Join Date
    Dec 2009
    Posts
    3,006
    #17141
    Quote Originally Posted by uls View Post
    one of China's goals is to reduce dependence on USD for trade

    so China is making agreements with trading partners to use RMB as settlement currency instead of USD

    gets?
    Who sets the value of chinese currency vs phil peso..chinese monetary agency?

    Sent from my SM-G532G using Tapatalk

  2. Join Date
    Nov 2005
    Posts
    45,927
    #17142
    Quote Originally Posted by kisshmet View Post
    Who sets the value of chinese currency vs phil peso..chinese monetary agency?

    Sent from my SM-G532G using Tapatalk
    for now i do not have that information

    i think for now rmb-php is still pegged to each currency's value against the dollar

  3. Join Date
    Nov 2005
    Posts
    45,927
    #17143
    long term goal -- as trade and investment and tourism between PH and China increase without using the dollar, the 2 countries' central banks will be able to find rmb-php value without having to use the dollar as reference

  4. Join Date
    Dec 2006
    Posts
    17,314
    #17144
    I'm all for warming up ties with China in preparation for their eventual ascension as the world's largest economy.

    But increasing diplomacy does not have to come at the expense of giving up our sovereignty and natural resource as debt repayments.

    Sent from my SM-G950F using Tapatalk

  5. Join Date
    Aug 2012
    Posts
    455
    #17145
    let's wait and see if the money will really flow in to PH. sana hinde ma korup ng mga pulitiko.

    i still wonder why they are not stating the complete terms of the loan. (interest rates). if it is less than 1% then it's not that bad na din.

  6. Join Date
    Oct 2009
    Posts
    2,271
    #17146
    nabenta na ni DUTETE pilipinas sa china ..binaon na sa utang pilipinas

  7. Join Date
    Sep 2003
    Posts
    25,189
    #17147

  8. Join Date
    Dec 2009
    Posts
    3,006
    #17148
    Quote Originally Posted by uls View Post
    long term goal -- as trade and investment and tourism between PH and China increase without using the dollar, the 2 countries' central banks will be able to find rmb-php value without having to use the dollar as reference
    Its a good thing that the US dollar will remain to give us reference if the chinese will lowball our currency compared to them

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  9. Join Date
    Aug 2012
    Posts
    455
    #17149
    Quote Originally Posted by jaypee10 View Post
    nabenta na ni DUTETE pilipinas sa china ..binaon na sa utang pilipinas
    basta hinde delawan...

    sabihin nanaman ng de de es.... buti pa si tatay digong daming project build build build.... eh delawan puro pulitika

  10. Join Date
    Feb 2008
    Posts
    12,683
    #17150
    Can't wait for Panelo to spin this one...

    China tried to block Pag-asa Island repairs ? Lorenzana | Philstar.com

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  11. Join Date
    Oct 2002
    Posts
    40,599
    #17151

  12. Join Date
    Oct 2002
    Posts
    2,277
    #17152
    Quote Originally Posted by shadow View Post
    Sapul na sapul ang lahat ng sinabi niya kay Fentanyl.

  13. Join Date
    Jun 2015
    Posts
    204
    #17153
    still. pag nagbasa ka ng mga comments ng mga tao sa facebook dami parin naniniwala kay gago. sana nga matapos na term nya

    Sent from my SM-G955F using Tapatalk

  14. Join Date
    Jan 2013
    Posts
    1,851
    #17154
    Quote Originally Posted by shadow View Post
    A very good read. Sana mabasa ng mga de de es. Pero more than that,sana magising sa katotohanan



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  15. Join Date
    Oct 2002
    Posts
    40,599
    #17155
    Quote Originally Posted by goodvibes8888 View Post
    still. pag nagbasa ka ng mga comments ng mga tao sa facebook dami parin naniniwala kay gago. sana nga matapos na term nya

    Sent from my SM-G955F using Tapatalk
    Sana matapos na term ng buhay niya


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  16. Join Date
    Jun 2015
    Posts
    2,751
    #17156
    Quote Originally Posted by shadow View Post
    sana matapos na term ng buhay niya


    sent from my iphone using tapatalk
    +1.000000e99

  17. Join Date
    Feb 2008
    Posts
    12,683
    #17157
    Oh well, the guy just couldn't really restrain his mouth...

    Duterte: Build chapels in your house, no need to go to church

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  18. Join Date
    Oct 2002
    Posts
    5,619
    #17158
    Quote Originally Posted by dreamur View Post
    Oh well, the guy just couldn't really restrain his mouth...

    Duterte: Build chapels in your house, no need to go to church

    Sent from my SM-N950F using Tapatalk
    A few days ago he wanted Congress to make ROTC mandatory again, this coming from someone who openly admitted to cheating his way out of ROTC.

  19. Join Date
    Feb 2008
    Posts
    12,683
    #17159

  20. Join Date
    Dec 2006
    Posts
    17,314
    #17160
    Watching the 3rd telco senate hearing now. Yung mga "technical expert" ng DICT parang hindi sure sa pinagsasabi nila. [emoji23]

    On a side note, Chiz is wearing a Patek Nautilus.

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    Last edited by jut703; November 27th, 2018 at 02:21 PM.

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