Binondo, Manila

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Binondo

City	Manila
Population (2000)	11,619
– Density
Area	km²
– Barangays	10
– Cong. Districts	3rd District

Binondo is an enclave in Manila primarily populated by overseas Chinese who chose to live in the Philippines. Historically, the place was sited by the Spaniards within the range of Intramuros cannons, to prevent any uprising coming from the Chinese.

It is located across the Pasig River from Intramuros and the home of Chinatown in Manila. The district is filled with all types of business from Chinese merchants. It is said that this district was already a hub of Chinese commerce even before the Spaniards came in 1571.

Prior to Makati, Binondo was the main center for business in Manila, as the Chinese were very proficient at trading and financial acumen. Before World War II there was bustling community which including insurance companies from Britain and the United States, banks and other financial institutions. After the war most of this business began to relocate to the newly developing area of Makati, which was mostly owned by the Ayala family. Binondo is also famous for it's imitation of a small Chinese town which is locally called "China Town".