Philippine President Ferdinand R. Marcos, Jr.’s meeting with his Chinese counterpart would set the tone of relations with China against the backdrop of their sea dispute, according to foreign policy experts. READ:
R. Marcos, Jr.’s meeting with his Chinese counterpart would set the tone of relations with China against the backdrop of their sea dispute, according to foreign policy experts.
Mr. Gloria noted that the Philippine leader’s working visit to the US in September and the visit of US Vice President Kamala Harris to the Philippines in November “made it clear to us that there is a commitment to remedy the damage done to US-Philippine relations in the past six years.”China claims more than 80% of the South China Sea, which is believed to contain massive oil and gas deposits and through which billions of dollars in trade passes each year.
Last month, a Chinese Coast Guard vessel allegedly took by force a rocket debris that was being towed by a Philippine Navy ship in the South China Sea. After the incident, Mr. Marcos questioned why the Chinese account was different from the Philippine Navy report. The agreement, which will be signed by Philippine Foreign Affairs Secretary Jose Enrique A. Manalo and Chinese Foreign Minister Wang Yi, would establish direct communication between their offices at various levels, he added.
In July, the Transportation department said the Philippines had scrapped its loan applications with state-owned China Eximbank for three multibillion-peso railway projects undertaken under the previous government.
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