REACTION TO BINAY'S STATEMENT WELCOMING CHINA'S MONEY
Binay, a front runner in presidential polls, recently said he would take a different road than President Benigno Aquino III in dealing with the China problem when elected in 2016.
He said the Philippines and China may strike a win-win joint venture as a result of direct dealings with each other.
"May pera po ang China, kailangan po natin ng kapital," he said.
The country's top diplomat on Wednesday dismissed Vice President Jejomar Binay's position that the country should resume bilateral talks with China on the sea row.