Chinese President Xi Jinping has vowed to “find a compromise” to ease tensions in the South China Sea, President Ferdinand R. Marcos, Jr. said on Wednesday after meeting with the Chinese leader in Beijing. READ:
In a video released by the presidential palace in Manila, Mr. Marcos said he had spoken with his Chinese counterpart about the plight of Filipino fishermen at sea, who are frequently driven away by the Chinese Coast Guard.
In response, Mr. Marcos told the Chinese leader: “I really hope — I would very much like, as you have suggested, Mr. President — to be able to announce that we are continuing negotiations and that we hope that these negotiations will bear fruit.” The communication agreement “represents continued efforts from both sides to explore diplomatic and peaceful ways to address tensions in South China Sea,” Enrico V. Gloria, who teaches international relations at the University of the Philippines , said in a Facebook Messenger chat.
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. It has ignored a 2016 ruling by a United Nations-backed arbitration court that voided its claim based on a 1940s map. China, which accounted for 18.79% of the global economy in 2022 in terms of purchasing power parity, was the Philippines’ biggest source of imports last year at $28.22 billion. It was also the country’s largest export destination in 2020 at $12.9 billion.
Half of Filipinos also thought President Ferdinand R. Marcos, Jr. should work with Japan and about a quarter said he should work with Japan, Australia, the United Kingdom and South Korea in bolstering the country’s defense, according to the poll on Nov. 27 to Dec. 1. The security cooperation would let the Philippines “practice an independent foreign policy based on the public’s interest,” he added.
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