New Chinese minister to sign 40 postponed projects

THE new Chinese commerce minister will arrive here in March to sign the postponed 40 Philippine-China joint projects worth billions of dollars, an ambassador said on Friday.

“On March 7, the new Commerce Minister, Zhong Shan will come and the talks [Joint Commission on Economic and Trade Cooperation (JCETC)] can proceed, and then the signing of the initial projects. It’s like a priority list of those they will choose to fund,” Philippine Ambassador to China Jose Sta. Romana said during the Philippine-China Trade and Investment Forum.