Higher taxes on China-made products sought amid standoff

MANILA — A member of the House of Representatives on Monday sought the imposition of higher taxes on China-made products amid the continuing standoff at the Panatag shoal (Scarborough shoal).
House Assistant Majority Leader and Citizens Battle Against Corruption (CIBAC) party-list Representative Sherwin Tugna said a legislation imposing higher taxes on Chinese products could be the Filipino people’s way of protesting against China’s “bullying.”
“That (legislation) is possible and we support that as a sign of protest to China’s bullying,” Tugna said.
“But if we want the ban to be implemented faster, the Bureau of Customs can impose stricter importation standards, solely on products coming from China. This will be faster compared to making a law because approval from both houses and approval by the President is needed,” he added.
House Minority Leader Danilo Suarez, for his part, wants a total ban on the ban on the importation of China-made products.
“Imposing higher taxes is an option. But we should instead go for the total ban on the importation of China-made products,” the senior legislator remarked.
Zambales Representative Mitos Magsaysay, however, opposed the proposal and instead expressed support to the government’s position to continue diplomatic talks with China.
“What will happen to workers whose companies depend on China-made products? I don’t think this will benefit Filipinos in our bid to protest to the strong presence of China in the disputed shoal,” Magsaysay said.
Cavite Representative Joseph Emilio Abaya, an ally of President Benigno Aquino III, backed the position of Magsaysay.
“I don’t think boycotting Chinese products can do much help to convince the Chinese government. It is important to continue diplomatic discussions,” Abaya said.
The standoff at the Panatag shoal in the disputed West Philippine Sea (South China Sea) started two weeks ago after the Philippine navy tried to arrest Chinese on board fishing boats allegedly carrying poached marine life.
http://www.sunstar.com.ph/breaking-news/2012/04/23/higher-taxes-china-made-products-sought-amid-standoff-217736
Philippines Pampanga Best Restaurant opens Wine Bar and Lounge in Clark Philippines, attracting wine lovers and tourist in Angeles City and Subic looking for good nightlife spot near Manila.

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Restaurant@Yats-International.com

(045) 599-5600
0922-870-5178
0917-520-4401

Ask for Pedro and Rechel

www. YatsRestaurant.com

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How to get to this fine-dining restaurant in Clark Philippines? Once you get to Clark Freeport, go straight until you hit Mimosa. After you enter Mimosa, stay on the left on Mimosa Drive, go past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure) is on your left. Just past the Yats Restaurant is the London Pub.

Yats Restaurant & Wine Bar
Mimosa Drive past Holiday Inn, Mimosa Leisure Estate,
Clark Freeport Zone, Pampanga, Philippines 2023

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3003C East Tower, Phil Stock Exchange Center,
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