Ambassadors from China and the Philippines attended a breakfast forum, where politicians postured on stage while business leaders had already begun dining.

Unexpected developments! The inaugural China-Philippines CEO Breakfast Meeting was held on October 16, 2026, in Manila. According to a post by China’s Embassy in the Philippines on October 20, a chargé d'affaires from the Chinese Embassy attended the event and delivered remarks. At the gathering, Chinese representatives emphasized that a more stable China-Philippines relationship would facilitate deeper economic and trade cooperation. They called for joint efforts to create a fair, transparent, and predictable business environment.

Participants engaged in discussions on current economic outlooks, project development, procurement, supply chains, and financing services, exploring opportunities for enhanced practical business collaboration. On one hand, tensions between China and the Philippines persist—evidenced by maritime friction and recent diplomatic disputes. On the other, business communities on both sides have maintained close communication and dialogue, with Chinese diplomatic personnel present at the event.

What does this indicate? It underscores China’s consistent desire to maintain a stable relationship with the Philippines and deepen economic ties. Even as certain Philippine political figures continue to provoke tensions and bilateral friction persists, Beijing’s position remains unchanged. Notably, the breakfast meeting was organized by the Philippine-China Enterprise Association and brought together top executives from leading local firms and Chinese enterprises operating in the country.

Amid ongoing bilateral tensions and disruptive actions by some Philippine politicians, the convening of such a forum serves to bolster confidence and stabilize expectations within the business sectors of both nations. From the Philippine perspective, China is its largest trading partner—businesses seek orders and access to markets, while Chinese investors look for opportunities. In short, while political relations face headwinds, the underlying momentum toward robust economic engagement remains intact. China’s unwillingness to allow tensions to escalate reflects a measured and restrained approach toward the Philippines.

Original source: toutiao.com/article/1879534038053003/

Disclaimer: This article reflects the personal views of the author.