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Economy

China proposes long-term economic cooperation with Philippines

China's premier hails warming ties between the former maritime foes

MANILA -- Chinese Premier Li Keqiang on Wednesday pitched a long-term economic cooperation plan with Philippine President Rodrigo Duterte to cement the "positive turnaround" in diplomatic relations between the former maritime rivals.

Li, who was in Manila for an official visit, pointed to the economic benefits the Philippines has reaped since diplomatic ties improved a year ago. He specifically cited greater agricultural trade and tourism. China previously banned Philippine banana imports and discouraged its citizens from visiting the country. 

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