From China Daily
''If tensions are not eased over Huangyan Island, trade prospects between China and the Philippines will be affected and economic sanctions might be applied, experts said.
"For the moment the dispute will not have a great effect on bilateral trade because government decisions have a delayed impact on trade performance," Zhao Jianglin, an economic expert at the China Academy of Social Sciences' Institute of Asia-Pacific Studies, told China Daily on Friday.
"But if the tensions continue to develop with no relief, the bilateral trade relationship as well as tourism and investments will have a negative effect and China may consider economic sanctions against the Philippines," she said.''
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