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Times forum tackles RCEP

Bilateral trade between the Philippines and China in the first quarter of 2021 reached $16.49 billion, an increase of 34.7 percent compared to the same period in 2020, data from the Chinese Embassy in Manila showed.

Meanwhile, China's nonfinancial direct investment in the Philippines amounted to $27.36 million, up by 85.2 percent from the same quarter last year.