China sanctions Philippine bananas, but Vietnam becomes the biggest winner!
#china #chinanews #philippines #vietnam #banana #sanctions
The South China Sea, located in the western Pacific Ocean, has always been a focus of international attention. Over the past decade, China and the Philippines have been in dispute over the territorial ownership of the islands here. In order to counter China’s sovereignty claims in the South China Sea, the Philippine government has even further strengthened its military cooperation with the United States. They have signed a number of military agreements to allow the US military to be stationed in the Philippines, and the two sides have also held a number of military exercises to form an effective check on China’s claims. In June of this year, the Philippines even began to increase the frequency of patrols in the South China Sea, an action that directly increased tensions with China.
Faced with the provocation of the Philippines, China has now taken unprecedented trade sanctions. According to data from Chinese customs, the supply of Philippine bananas in the Chinese market has been greatly reduced, with imports falling 44% from the previous total to only US$80 million. Bananas have always been the main export product of the Philippines to China, and this change has caused local farmers to lose US$170 million. But no one expected that in this Sino-Philippine dispute, an unexpected beneficiary appeared-Vietnam. So, in today’s video, we will take a deep look at the conflict between China and the Philippines and why Vietnam has become the biggest winner.
*********************************************************
This Is A Channel That Discusses China’s Strategy And The Rise Of Asia. We Will Provide An In-Depth Analysis Of The Development Trends In Asia And The Impact Of China’s Rise In This New Era. Subscribe To My Channel Now And Learn More About The Latest Developments In China’s Strategy, Geopolitics, And Economic Rise.
*********************************************************
DISCLAIMER: Our channel is purely made for Information purposes, based on facts, rumors, and fiction.
*********************************************************
MUSIC: StoryBlocks/Audio Library
🎥FOOTAGE licensed through StoryBlocks and Filmpac.
*********************************************************
Copyright Disclaimer under section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education, and research. Fair use is a use permitted by copyright statutes that might otherwise be infringing.
1 view
3
1
1 month ago 00:11:47 1
The US Sanctioned Won’t Believe How Beijing Responded!
1 month ago 01:56:07 1
Andrey Melnichenko (One of Russia’s Richest Men) on Nuclear War and Why Biden Wants to Destroy Him
1 month ago 00:12:26 1
China sanctions Philippine bananas, but Vietnam becomes the biggest winner!
2 months ago 00:00:00 2
Live | Russian President Vladimir Putin Speaks At SCO Summit, Gives Veiled Warning To West
2 months ago 00:06:12 1
Last empire United States won’t be loved by the world for exporting wars, sanctions
2 months ago 00:20:29 1
ВЫ НЕ ПОНИМАЕТЕ! ТО ДРУГОЕ!Путина восхитил Зеленский #МВШ
2 months ago 00:25:01 1
De-dollarization is growing: Even the US Federal Reserve (reluctantly) admits it
2 months ago 00:19:32 1
НАД РУССКИМИ БОЛЬШЕ НЕ СМЕЮТСЯ #МВШ
2 months ago 00:15:44 1
The Impact of U.S. Sanctions on Russia’s Financial Markets and Global Energy Prices
2 months ago 01:05:17 1
Petrodollar Deal Expires; Why this Could Trigger ‘Collapse of Everything’ – Andy Schectman part1/2
2 months ago 04:38:06 1
Putin LIVE: Vladimir Putin Visits Vietnam as Russia Seeks Support in Face of Western Isolation |N18G
2 months ago 00:12:12 1
Petrodollar Ending: As Yellen Issues Ultimatum To Global Banks, Oil Will Be Priced In China’s RMB
2 months ago 00:37:11 1
Ukraine’s Ammunition Crisis Persists as Western Desperation Grows
2 months ago 00:08:02 1
Vojska Srbije kupuje kinesko naoružanje i avione JF-17? Serbian Army acquire Chinese armament JF17
2 months ago 00:03:18 1
Eye On West’s Sanctions, Putin Sets New Condition For Countries Seeking To Join BRICS | Watch
2 months ago 00:10:03 1
China’s Xi Accuse the U.S of trying to trick China into invading Taiwan
2 months ago 00:09:29 1
BRICS Just Sanctioned Israel With No Trade In Support Of Rafah!
2 months ago 00:03:17 1
China The Winner In Putin-Biden Tussle? Moscow Exchange Halts Dollar, Euro Trade After US Sanctions
2 months ago 00:33:06 1
Nelson Wong: the future of Russian-Chinese relations / Expert’s Opinion
2 months ago 00:49:05 1
US sanctions China via Russia. EU agrees to cover $50B loan
2 months ago 00:03:09 1
На россии в конце концов власть запретит доллар, а за валюту будут сажать в тюрьму.
2 months ago 00:22:54 1
The Russian Rouble is COLLAPSING! Why now?
2 months ago 00:28:30 1
Prof. Jeffrey Sachs on Ukraine, Gaza & Taiwan: The US is Risking ALL OUT WAR with Russia & China
2 months ago 00:03:27 1
China’s Undeclared Sanctions On Israel Are Devastating The Country