Mon, August 20, 2012
World > Americas

Targeting Chinese bank, the overseas Philippines playing political card

2012-08-20 08:50:22 GMT2012-08-20 16:50:22(Beijing Time)  SINA.com

By Mei Jingya, Sina English

On August 10, a US-registered Asian Americans group published an article on Asian Journal, a Philipino-Amerian community newspaper, saying it plans to stage protests outside of the California branch of the Industrial and Commercial Bank of China (ICBC).

The protest is aimed at drawing international attention to China’s "aggressive" and "confrontational" military actions in the South China Sea as well as ICBC's discriminatory practice in the United States.

ICBC was accused of not hiring or granting loans to Asian Americans, Latinos or blacks.

US Pinoys for Good Governance (US4PGG), a Philippine American group, will also be holding similar demonstrations on August 21st across the United States.

A leader of the California ICBC protest, said in the article, “We have the resources to topple the Chinese Government’s largest bank and we will do so unless ICBC and the Chinese Government make clear that they want a peaceful resolution in the South China Sea.”

Related news:

Philippines and Vietnam to "internationalize" disputes with China

The Philippines pledges no provocation to China

Manila blasts Chinese official’s proposal to arm fishermen

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