As economic sanctions loom over the Philippines as a result of the increasing tension between the Philippines and Taiwan what kind of effect will it have on the two countries?

MANILA, Philippines - Prominent business personalities and social entrepreneurs in Asia-Pacific region are in Manila to share how, and challenge small-and-medium businessmen, to innovate and recreate the way they do business.
At the APEC SME Summit in Manila on Sunday afternoon, January 20, high-profile global business leaders are speaking on the theme, “Breaking Barriers Through Innovation.”
The line up of speakers include Vincent Lo (Shui On Group, Hong Kong), Cher Wang (VIA Technologies Inc. and HTC Group, Chinese Taipei), Diane Wang (China), and Tony Tan Caktiong (Jollibee Foods, Philippines).
Stay tuned on this live blog for a blow-by-blow account from Rappler's business journalists who are covering the 1pm to 5pm event.
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As economic sanctions loom over the Philippines as a result of the increasing tension between the Philippines and Taiwan what kind of effect will it have on the two countries?
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