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Business cooperation is among the first topics for discussion during Biden’s six-day visit, which began Wednesday.

The U.S. debt crisis following its first-ever downgrade and the projected arm sales to Taiwan are likely to become two key topics during U.S. Vice President Biden’s first official visit to China from Aug.17-22.

"I welcome this healthy and fair competition because I believe it will spur us both to innovate and we both will benefit from it."

China’s first aircraft carrier is expected to start trial in its continental sea, mostly likely on August 6

“Tokyo is acting out of ulterior motives to deliberately exaggerate the ‘China threat’.”

More than 4,000 corrupt officials fled China in the late 30 years, with each stealing, on average, an estimate of 100 million yuan

Aquino III warned that he would take actions to defend the country’s claims over the disputed area, including an upgrade of weapons.

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