China is the world's biggest consumer market and second-largest economy, and the Philippines is competing with other Asian neighbours for a bigger share of Chinese trade, investment, tourism, technology and aid.
Marcos is expected to continue this pragmatic, constitutionally mandated and independent foreign policy, which is similar to the stance of most member countries of the Association of Southeast Asian Nations. Marcos is not an ordinary Filipino politician. He is in Beijing as a true, sincere and old friend of China, because it was his parents, the late former president Ferdinand Edralin Marcos and Imelda Romualdez Marcos, who had audaciously opened official diplomatic relations between Manila and Beijing at the height of the Cold War era in 1975, four years ahead of Washington opening official diplomatic ties with Beijing.
Now Ferdinand Romualdez Marcos Jr is again visiting, but this time as president. So this state visit is not only strategic and historic, but also is sentimental and a reaffirmation of the traditional close friendship between the two countries. May diplomacy and the strong bonds of history between these two countries result in many great win-win and mutually beneficial economic gains.
Another positive factor for the success of Marcos' state visit and for bilateral cooperation is the fact that the economies of the Philippines and China are complementary, and the two nations are not competitors.
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