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HAPPY NEW YEAR TO ALL.
HAPPY NEW YEAR TO ALL
Happy Holidays and Happy New year to all.
i hope tomorrow too, I think this week will be over a penney if not two, (this is my personal feeling)
Gooooood........
Sorry, I dont understand it, the senate has to do something with FECOF?
Nothing news, they don't even say anything about the trial.
Guys, I think this is a giant who sleeps, imaging if he wakes up hungry. I don't think for r/s because the Co. holds 350 million shares and is not for theirs interest the r/s. The only I don't know how many Authorized shares they have. Pink sheets does not mention it.
I think they will release the earning report with other good news together to make the price to sky. the only i don't understand what they will do with only 3 million o/s shares, we will see, i hope before Holidays.
I don't think too that r/s will help the Co. The co. hold more than 350 million shares.
I hope there will not be any R/S, I pray not.
Must come out with one or more news,what about the trial
China, U.S. look past tensions with joint relief drill
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Liu Xiaowu (C), army commander of the Chinese southern military region, and General Robert Brown (2nd L), commanding general of the U.S. Army Pacific, attend a session as the Chinese and U.S. armed forces hold joint humanitarian relief drills in Kunming, Yunnan province, China November 18, 2016. REUTERS/Natalie Thomas
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By Ben Blanchard | KUNMING, CHINA
China and the United States wrapped up a three-day humanitarian relief military drill on Friday, looking past simmering tensions over the disputed South China Sea and uncertainty at what Donald Trump's presidency will mean for defense ties.
The exercises, held in the southwestern Chinese city of Kunming, come a month after a U.S. navy destroyer sailed near islands claimed by China in the South China Sea, prompting fury in Beijing which called the moved illegal and provocative.
That patrol, the latest by Washington to challenge Chinese claims in the strategic waterway, capped a tense year for military-to-military ties between the world's two largest economies, which are also at odds over the U.S. decision to base Terminal High Altitude Area Defense (THAAD) anti-missile system battery system in South Korea to defend against North Korea.
China, neighboring North Korea, worries the system's radar will be able to track its own military capabilities.
New concerns loom with Trump's shock election as U.S. president earlier this month, a man who lambasted China on the campaign trail and has suggested Japan and South Korea be allowed to develop nuclear weapons.
But it was all smiles and friendship as Chinese and U.S. soldiers simulated digging out bodies from an earthquake-destroyed building and rescuing people from an overturned boat in a reservoir.
Liu Xiaowu, army commander of the Chinese southern military region, and General Robert Brown, commanding general of the U.S. Army Pacific, chatted amiably as they oversaw the last day of exercises.
Asked if he was worried Trump's administration could cancel next year's drills, Brown said he was confident that would not happen.
"I would give my best military advice, if asked at the appropriate time in the transition, that these type of military-to-military exchanges are really critical because of that trust they build."
Liu was upbeat too.
"No matter who is president, as long as it's aimed at humanitarian relief to help relieve suffering of those in disaster zones, it will win support."
This is the fourth time China and the United States have conducted such drills since they began in 2013, as the two try to set aside mutual suspicion from the bottom up, rather than just relying on contacts at a more senior level.
"These operations do help to create a mutual understanding between our two militaries," said Jeremy Reynolds, a U.S. army captain based in Hawaii, standing on a pontoon bridge.
"The execution of the exchange went very well between the Chinese and the American forces."
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The exercise involved 134 military personnel from China and 89 from the United States, using helicopters and engineering equipment.
They also conducted tabletop exercises focusing on sharing information and joint decision-making, field maneuvers focusing on evacuation of earthquake victims and search and rescue.
"We had very happy cooperation with the United States. I was really happy," said Chinese army doctor Zhao Yao.
"This was the first time I'd met the U.S. military. The exchange with them has really helped my English."
(Editing by Nick Macfie)
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WASHINGTON Vietnam is extending a runway on an island it claims in the South China Sea in apparent response to China's building of military facilities on artificial islands in the region, a U.S. think tank reported.
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SOUTH CHINA SEA | Sun Nov 20, 2016 | 10:14pm EST
Taiwan says it plans rescue drills in South China Sea this month
An aerial photo taken though a glass window of a Taiwanese military plane shows the view of Itu Aba, which the Taiwanese call Taiping, at the South China Sea, March 23, 2016. REUTERS/Ministry of Foreign Affairs/Handout via Reuters/File Photo
An aerial photo taken though a glass window of a Taiwanese military plane shows the view of Itu Aba, which the Taiwanese call Taiping, at the South China Sea, March 23, 2016. REUTERS/Ministry of Foreign Affairs/Handout via Reuters/File Photo
Taiwan's coastguard has said it plans to hold rescue drills in waters around Taipei's sole territorial holding in the disputed South China Sea at the end of this month, and that the drills could involve its navy.
The exercises to be held around Itu Aba, known by Taiwan as Taiping, would include drills in rescuing shipwrecked personnel, the coastguard said. More details would be released later, it said in a statement on its website late on Sunday.
"Currently the navy regularly patrols near Taiping Island. We don't rule out the navy playing a supporting role in future humanitarian rescue drills being held near Taiping," the Coast Guard Administration said in the statement.
China, the Philippines, Vietnam, Malaysia and Brunei also have overlapping claims in the South China Sea, through which $5 trillion in ship-borne trade passes every year.
Taiwan has largely kept out of disputes between China and its neighbors, but the planned drills would be the first since President Tsai Ing-wen took power in May.
In July, a judgment by an international court classified Itu Aba was a rock and not an island, thereby making it ineligible to own a greater economic zone of resources off its coast.
Taiwan's coastguard has had direct oversight of Itu Aba since 2000, when it took over from the Taiwanese military. More than 100 coastguard personnel are stationed on Itu Aba.
China distrusts Tsai and her ruling independence-leaning Democratic Progressive Party, but Beijing has previously maintained that Beijing and Taipei had a common duty to protect Chinese sovereignty in the waterway.
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The United States, Taiwan's only major political ally, criticized former president Ma Ying-jeou for visiting Itu Aba earlier this year because it did not want tensions to escalate in the South China Sea.
(Reporting by J.R. Wu; Editing by Paul Tait)
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WASHINGTON Vietnam is extending a runway on an island it claims in the South China Sea in apparent response to China's building of military facilities on artificial islands in the region, a U.S. think tank reported.
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Vietnam expanding South China Sea runway: U.S. think tank
A ship (top) of the Chinese Coast Guard is seen near a ship of the Vietnam Marine Guard in the South China Sea, about 210 km (130 miles) off shore of Vietnam May 14, 2014. REUTERS/Nguyen Minh/File Photo
A ship (top) of the Chinese Coast Guard is seen near a ship of the Vietnam Marine Guard in the South China Sea, about 210 km (130 miles) off shore of Vietnam May 14, 2014. REUTERS/Nguyen Minh/File Photo
Vietnam is extending a runway on an island it claims in the South China Sea in apparent response to China's building of military facilities on artificial islands in the region, a U.S. think tank reported on Thursday.
Satellite images taken this month showed Vietnam had lengthened its runway on Spratly Island from less than 2,500 feet (760 meters) to more than 3,300 feet (1 km), Washington's Asia Maritime Transparency Initiative said.
AMTI, a project of the Center for Strategic and International Studies think tank, said continued reclamation work would likely mean the runway was extended to more than 4,000 feet (1.2 km).
It said the upgraded runway would be able to accommodate maritime surveillance aircraft and transport planes, as well as combat aircraft.
The report said Vietnam had added about 57 acres (23 hectares) of land to Spratly Island in recent years, but its reclamation work remained modest by Chinese standards.
China has built military-length runways on three artificial islands it has built up in the South China Sea since 2013.
The United States, which has criticized China's reclamation work in the South China Sea and stepped up defense cooperation with Vietnam in response, said it was aware of the reports that Hanoi had upgraded some of its facilities on outposts in the Spratly Islands.
"We encourage all claimants to take steps to lower tensions and peacefully resolve differences," said Anna Richey-Allen, a spokeswoman for the U.S. State Department.
Reuters reported in August that Vietnam had discreetly fortified several of its islands in the disputed South China Sea with mobile rocket launchers capable of striking China's runways and military installations across the vital trade route.
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Military analysts said the deployment of the launchers was the most significant defensive move Vietnam has made on its holdings in the South China Sea in decades and it underscored Hanoi's concerns about China's assertive pursuit of territorial claims in the disputed region.
Vietnam's Foreign Ministry has called the information "inaccurate", without elaborating.
(Reporting by David Brunnstrom; editing by James Dalgleish)
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SYDNEY Australia is considering joint naval patrols with Indonesia in the contested South China Sea, Australian Foreign Minister Julie Bishop said on Tuesday.
China says 'situation' at disputed Scarborough Shoal has not changed
BEIJING/MANILA China said on Monday the situation at the disputed Scarborough Shoal in the South China Sea "has not changed and will not change", after the Philippines said Chinese vessels that blocked the area for four years had stopped harassing its fishermen.
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MANILA China has scaled down its presence at a disputed South China Sea shoal but has not interfered with Filipino fishermen, the Philippine president's security adviser said on Sunday, after the administration had said China had withdrawn completely.
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The quarterly report will be late as Monday night at 2:20 report and as always they does.
At least the last 2 days are green, I hope today too. Have every body good day and good week end
Impossible that the Co. will not issue more O/S shares which it is for their interest. The Co. must have 100-150 million shares so when comes out good news and the price will rise they will sell to make money otherwise they can not survive. (this is my personal opinion)
FinsDonRule, Thank you.
Excuse me I bother, how many million O/S shares they have now, I am not to expert to find it.
Wed Nov 2, 2016 | 2:09pm EDT
Philippine fishermen put Duterte diplomacy to test, visit disputed shoal
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A fishing boat that has just returned from fishing in disputed Scarborough Shoal is pictured in Subic, Zambales in the Philippines, November 1, 2016. REUTERS/Erik De Castro
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By Karen Lema | SUBIC, PHILIPPINES
On his first voyage as captain, Philippine fisherman Joel Banila was more worried about being battered by Chinese coastguard ships than he was about the impending storm on the horizon in the South China Sea.
His was one of the first boats to gamble on the big catches on offer in and around the disputed Scarborough Shoal since Philippine President Rodrigo Duterte made surprise overtures towards China, which sees the area as its sovereign territory.
For four years, Chinese ships have blockaded the tranquil lagoon rich in fish stocks and forced fishermen from the Philippines to travel further for smaller catches, reflecting tensions in the South China Sea where several countries have overlapping claims.
Frosty relations between China and the Philippines have improved markedly, however, as Duterte shifts away from traditional ally the United States and closer to Beijing, and some fishermen have decided to take a calculated risk.
"I felt a bit nervous because it was my first time serving as captain," 32-year-old Banila told Reuters, a day after making the 10-hour, 124-mile journey back to the shores of the northwest Philippines.
"We heard what happened before, that they (Chinese ships) ram the boats, so I was moving slowly around the shoal but nothing happened."
There has been considerable confusion at sea since Duterte's diplomatic shift, with China's foreign ministry saying this week that the situation at Scarborough Shoal "has not changed and will not change".
Philippine officials said fishermen could return, but confirmed no agreement had been reached when Duterte visited Beijing two weeks ago in search of investment, trade, and unimpeded access to the shoal.
Duterte's outreach has stunned the region, coming just months after an arbitration tribunal in The Hague ruled in favor of the Philippines in a case it lodged in 2013 to challenge not only China's control of the rocky outcrop, but the legality of its manmade islands and vast maritime claims.
"We heard there was a (Philippine) boat there, so we also tried go to Scarborough," Banila said.
MIXED MESSAGES
The situation is far from certain at the shoal, which the arbitral ruling said should be shared by all claimants, and no one country had sovereign rights to it. China has rejected the tribunal's findings.
The Philippine defense minister and the president's spokesman on Friday said Chinese ships had withdrawn from the area. Within two days, defense and coastguard officials said Chinese were still there, but had scaled back their presence since Duterte's visit.
Some fishermen have returned with big smiles and bountiful catches, reporting no interference from the Chinese as they accessed the lagoon. Among them was Cornel Garnel, a shirtless fishermen who got back last week.
"Before, when fishermen tried to fish there, they were driven away by water cannon," he said.
Satellite imagery taken on Saturday by the Asia Maritime Transparency Initiative and The Center for Strategic and International Studies, however, showed fishermen were not entering the shoal itself and were working on its periphery, with China's coastguard still present.
Banila said he spotted four Chinese ships, one at the mouth of the lagoon and three circling the area. His boat stayed outside, following the advice of other fishermen.
"We were close enough for us to see them, but we can't go inside, only outside," he added.
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Laureano Artagame, a senior fisheries management official in Subic, said it was "unacceptable" that Chinese ships had let Filipinos shelter at the shoal during a typhoon, but made them leave afterwards.
"There is already a decision by the international arbitral court... so why are the Chinese still there?" he said.
"Yes, there's some leniency now, there's no more harassment. But there is still anxiety, they still worry."
Artagame said the blockade meant fishermen had to be at sea three times longer to catch the kind of volumes of fish they would at Scarborough.
He said fishermen were unhappy with the diplomatic ambiguity and he planned to meet representatives of Duterte's government soon to push for answers.
"One of the things we will talk about ... is to really ask the government, is there a clear agreement opening the Scarborough?" he said.
"And why are they still blocking the entrance?"
(Writing by Martin Petty; Editing by Mike Collett-White)
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China says 'situation' at disputed Scarborough Shoal has not changed
BEIJING/MANILA China said on Monday the situation at the disputed Scarborough Shoal in the South China Sea "has not changed and will not change", after the Philippines said Chinese vessels that blocked the area for four years had stopped harassing its fishermen.
Philippines says China ships still at shoal, but fishermen unhindered
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ANYTHING GOOD FROM THESE LAST NEWS? SORRY I AM NOT TOO EXPERT TO UNDERSTAND IT WELL.
China says latest South China Sea drill was normal search and rescue exercise
China's latest drill in the South China Sea was a normal search and rescue exercise, the defense ministry said on Thursday, less than a week after a U.S. navy destroyer sailed near the Paracel Islands, provoking a warning from Chinese warships to leave.
China routinely holds drills in the busy waterway, where Brunei, Malaysia, the Philippines, Taiwan and Vietnam also have rival claims.
The search and rescue exercises were being conducted off the coast of the island province of Hainan and were regular drills forming part of annual plans, a defense ministry spokesman, Wu Qian, told a monthly news briefing, but gave no further details.
China's maritime safety administration said the exercises would run all day on Thursday, and ordered all other shipping to keep away.
The maritime administration has given coordinates for an area south of Hainan and northwest of the Paracel Islands, which are also claimed by Vietnam and Taiwan, but controlled by China.
China has a runway on Woody Island, its largest presence on the Paracels, and has placed surface-to-air missiles there, according to U.S. officials.
Beijing's claim in the South China Sea is the largest of all the claimants. It argues it can do what it wants on the islands it claims as they have been Chinese since ancient times.
(Reporting by Ben Blanchard; Editing by Clarence Fernandez)
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Philippines says China ships still at shoal, but fishermen unhindered
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A fisherman repairs his boat overlooking fishing boats that fish in the disputed Scarborough Shoal in the South China Sea, at Masinloc, Zambales, in the Philippines April 22, 2015. REUTERS/Erik De Castro/File Photo
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By Manuel Mogato | MANILA
China has scaled down its presence at a disputed South China Sea shoal but has not interfered with Filipino fishermen, the Philippine president's security adviser said on Sunday, after the administration had said China had withdrawn completely.
Hermogenes Esperon said Chinese ships were still present but had not blocked Filipino boats at the Scarborough shoal, a rocky outcrop central to an international arbitration case, since President Rodrigo Duterte's visit to Beijing two weeks ago.
The situation at sea remains unclear, however, as do the circumstances behind an apparent softening of China's position regarding an area significant not only for fishing, but for the broader balance of power in the South China Sea.
China had repelled fishermen since seizing the Scarborough Shoal in 2012, but Filipino boats returned from the area at the weekend with tonnes of fish, broadcaster GMA reported, showing images of smiling crew and a large catch.
Philippine Defence Secretary Delfin Lorenzana had on Friday declared Chinese vessels were no longer there and fishing could resume. Duterte's spokesman also made similar comments.
However, Esperon said military monitoring of the situation showed a reduced Chinese presence, but not a total withdrawal.
"From Oct. 17 to 27, there had been only two Chinese ships," Esperon said in a text message. "There are no written agreements or rules but Filipino fishermen who went there lately attest that they were not driven away."
He said in the past, on an average day, there had been about five Chinese navy and four coastguard ships.
China's blockade of what is a prime fishing spot prompted the previous Philippine government to take on China by filing a case in 2013 at the Permanent Court of Arbitration in The Hague, infuriating Beijing.
The tribunal's July ruling, which China refuses to acknowledge, declared the shoal a traditional fishing ground that Chinese, Philippine and Vietnamese could all exploit. It also invalidated China's claims to most of the South China Sea.
A frosty Philippine-China relationship changed dramatically after Duterte took office four months ago and started praising China while denouncing the United States in a sudden reversal of his predecessor's foreign policy.
China's Foreign Ministry was asked by media on Friday about the situation at the shoal but gave a non-committal answer.
Returning fishermen said two or three Chinese coastguard ships circled the shoal but had not harassed them.
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Esperon said a Chinese survey ship was seen near Scarborough on Oct. 19 and a navy frigate the following day, but when Duterte returned home from Beijing, they left the area.
He said there had been no update on the situation since Friday, but a defense source told Reuters a surveillance plane had on Saturday seen four Chinese ships at the shoal.
A senior coastguard official, who declined to be named because he was unauthorized to speak to the media, said a Chinese withdrawal appeared unlikely.
"China will not abandon this area but if it will no longer harass local fishermen, that's a positive development," the official said.
(Additional reporting by Michael Martina in BEIJING; Editing by Martin Petty and Alison Williams)
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People the only you have to expect is delusion. All the authorized shares they have 200 million of them will issue as O/S shares and new authorized will issue. Pink sheets stocks they can do anything without asking any body. it is Pink sheets.
It may take time to hear something good. Did he mention anything for drilling yet? I hope they keep it to announce when we least expect it. Any Opinion will help.
The only news will come out is bankruptcy or R/S at least 1:1000, no future on this one.
Wed Oct 26, 2016 | 1:52am EDT
Philippine's Duterte tells Japan his China visit was just economics, blasts U.S.
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Philippine President Rodrigo Duterte delivers a speech at Philippines Economic Forum in Tokyo, Japan October 26, 2016. REUTERS/Kim Kyung-Hoon
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By Kiyoshi Takenaka and Minami Funakoshi | TOKYO
Philippine President Rodrigo Duterte sought to assure Japan on Tuesday that his high-profile visit to rival China last week was only about economics, but had more harsh words for long-time ally Washington, saying he might abrogate defense treaties.
The volatile Philippine leader's visit to Japan comes amid jitters about his foreign policy goals after weeks of verbal attacks on ally the United States and overtures towards China.
Duterte last week announced in China his "separation" from the United States, but then insisted ties were not being severed and that he was merely pursuing an independent foreign policy.
His perplexing comments pose a headache for Japanese Prime Minister Shinzo Abe, who has tightened ties with Washington while building closer security relations with Manila and other Southeast Asian countries as a counter-weight to a rising China.
"You know I went to China for a visit. And I would like to assure you that all there was, was economics. We did not talk about arms. We avoided talking about alliances...," he told an audience of Japanese businessmen.
"We did not talk about arms. We did not talk about stationing of troops. We avoided talking about alliances."
Calling Japan a "long-standing friend and ally", he also called for Japanese investment in infrastructure, agriculture and other sectors.
Duterte said he did not pick quarrels with his neighbors, but had tough words for Washington, threatening once again to revise or cancel Manila's defense pacts with the United States and insisting the Philippines was not "a dog on a leash".
"I have declared that I will pursue an independent foreign policy. I want, maybe in the next two years, my country free of the presence of foreign military troops. I want them out," he said. "And if I have to revise or abrogate agreements, executive agreements, this shall be the last maneuver, war games between the United States and the Philippines military."
Duterte has threatened to abrogate defense agreements with the United States several times over the past two months, but has yet to take any concrete action beyond cancelling some minor navy patrol exercises.
Duterte is set to meet Abe for bilateral talks later on Wednesday.
Duterte's apparent cozying up to Beijing has both Tokyo and Washington worried that the commitment under former Philippine President Benigno Aquino to stand up to China in the hotly disputed South China Sea is under threat.
Aquino angered China by lodging a case with an arbitration court in the Hague challenging the legitimacy of Beijing's maritime claims in the resource-rich sea. A ruling earlier this year emphatically favored Manila but was rejected by China, which has warned Washington and Tokyo to stay out of the feud.
Duterte on Wednesday, however, sought to reassure Japan that his friendship was firm despite his row with Washington.
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"We would like to make the guarantee that we will also be a partner in the player of maritime safety, maritime security in the China sea and that we would like to avoid at all costs violence because ... we have to resolve it peacefully and in accordance with international law," he told Japan's main business lobby in later remarks.
"Japan is an old and reliable friend of the Philippines. This is a special friendship we hope to keep and continue."
(Additional reporting by Enrico Dela Cruz and Manolo Serapio Jr in MANILA; Writing by Martin Petty and Linda Sieg; Editing by Michael Perry; Editing by Michael Perry)
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IF the PH. president talks like this against the US that means they made many agreement with China.
Philippine President Rodrigo Duterte hit out at the United States on Tuesday, saying he did not start a fight with Washington and it could forget about a military agreement between both countries if he were to be in power longer.
Duterte said he was against the presence of any foreign troops in his country and the United States could "forget" an Enhanced Defence Cooperation Agreement (EDCA) with the Philippines, if he stayed longer, without elaborating.
The United States, he said, should not treat the Philippines "like a dog with a leash", adding to confusion about the future the longtime allies' ties.
"I look forward to the time when I no longer see any military troops or soldier in my country except the Filipino soldiers," Duterte said prior to his departure to Japan.
(Reporting by Neil Jerome Morales and Martin Petty; Editing by Michael Perry
Mon Oct 24, 2016 | 7:33pm EDT
By Linda Sieg and Tim Kelly | TOKYO
Philippine President Rodrigo Duterte softened his remarks about a "separation" from long-time ally the United States on the eve of a visit to Japan, a country worried about Manila's apparent pivot away from Washington and towards China.
"The alliances are alive," Duterte told Japanese media in Manila on Monday, Kyodo News reported. "There should be no worry about changes of alliances. I do not need to have alliances with other nations."
The remarks will be welcomed by Prime Minister Shinzo Abe, who wants to keep ties with the Philippines tight during Duterte's visit to Japan, starting on Tuesday.
Duterte jolted the region last week on a trip to China when he announced a realignment toward Beijing, the latest in a series of outbursts against the United States.
Duterte's aides and the president himself later tried to clarify that he did not mean he was cutting ties with the United States and his remarks on Monday were the most conciliatory yet.
Duterte told Japanese media he had been expressing a personal opinion, not speaking for the government when he mentioned separating from Washington, the Nikkei newspaper said. He said he only plans to have an "alliance of trade and commerce" with China, Kyodo reported.
Abe, who has sought to strengthen ties with the Philippines and other Southeast Asian countries as a counter-balance to a rising Beijing, will be trying to wed Manila to Tokyo's side without prompting a backlash that pushes it closer to China.
"It's certainly unfortunate and we are worried, but such things will not change Japan's commitment to the Philippines," said Narushige Michishita, a professor at the National Graduate Institute for Policy Studies and former defense official, referring to Duterte's comments.
Meanwhile, U.S. Secretary of State John Kerry, after talking to his Philippine counterpart on Sunday, is confident the two countries can "work through" a period of confusion caused by Duterte's remarks the State Department said.
Japanese officials said Abe would not overtly try to mediate between Tokyo and Washington.
Foreign Minister Fumio Kishida will meet Duterte on Tuesday for a low-key dinner, and Abe will hold rare one-on-one talks with Duterte at his residence in Tokyo the next evening following a larger, more formal meeting with senior officials.
"I don't think he has any negative feeling toward Japan," said a senior Japanese government official. "We are confident the visit to Japan will produce good results."
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Duterte's predecessor Benigno Aquino angered China by lodging a case with an arbitration court in the Hague challenging the legitimacy of Beijing's maritime claims in the resource-rich South China Sea.
A ruling earlier this year emphatically favored Manila but was rejected by China, which has repeatedly warned the United States and Japan to stay out of the dispute.
Duterte told the Japanese media that at some point Manila would have to talk with Beijing about the international court's ruling, the Nikkei said. He said China and the Philippines had agreed not to discuss the matter in his initial trip to China.
(Additional reporting by William Mallard; Editing by Grant McCool and Lincoln Feast)
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How many days the PHIL. president and his group will stay in China. I hope till Tue. will announce something good.
I wonder...
At trades section shows 5 sales, I wonder who sold at .005 when news expected any time any day.
I hope tomorrow will close more than .01 (I wish)
I have long time to see so big volume and all was buy, something good smells?
Thu Oct 20, 2016 | 1:12am EDT
China's Xi says hopes Duterte's visit can improve ties with Philippines
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Philippines President Rodrigo Duterte (R) and Chinese President Xi Jinping shake hands as they attend a welcoming ceremony at the Great Hall of the People in Beijing, China, October 20, 2016. REUTERS/Thomas Peter
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By Ben Blanchard | BEIJING
Chinese President Xi Jinping said on Thursday that he hoped Philippine President Rodrigo Duterte's "milestone" visit to China could help "fully improve" ties between the two countries, which have suffered over disputes in the South China Sea.
Duterte arrived in Beijing on Tuesday with at least 200 top business people to pave the way for what he calls a new commercial alliance, amid deteriorating relations with longtime ally the United States.
The effort to engage China, months after a ruling in the Hague over South China Sea disputes in favor of the Philippines, marks a reversal in Philippine foreign policy since Duterte took office on June 30.
Xi told Duterte during a meeting at Beijing's Great Hall of the People that China and the Philippines were brothers and that the two sides could "appropriately handle disputes", though he did not specifically mention the South China Sea row.
"I hope we can follow the wishes of the people and use this visit as an opportunity to push China-Philippines relations back on a friendly footing and fully improve things," he said.
Duterte pressed his message that he wished to strengthen cooperation with China, calling his visit "very significant" and an indication of a "springtime" in relations.
"Stretching back centuries, China has been a friend of the Philippines and the roots of our bonds are deep and not easily severed," Duterte told Xi.
"Even as we arrived in Beijing close to winter, this is the springtime of our relationship."
Duterte's congenial tone in Beijing is in contrast to the language he has used with long-time ally Washington, having called U.S. President Barack Obama a "son of a bitch", and railed against U.S. criticism of his war on drugs, which has led to the deaths of 2,300 people.
His hardline drug war tactics have raised concerns in Western capitals about extrajudicial killings, but China has expressed support for the campaign.
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China has welcomed the Philippines' new efforts to embrace China, even as Duterte has vowed not to surrender any sovereignty to Beijing, which views the South China Sea maritime ruling as null and void.
Duterte on Wednesday said the South China Sea arbitration case would "take the back seat" during talks, and that he would wait for the Chinese to bring up the dispute rather than doing so himself.
(Reporting by Ben Blanchard, Writing by Michael Martina; Editing by Nick Macfie)
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Until now all the news we read sounds good, I hope the luck is with us.
The Co. must issue more O/S shares and then news, I believe the have good sales, so good profit.