(Vietnam Tribune) Hong Kong, January 21 (ANI): China is eyeing strategic projects in the Philippines, however, they are wary of China’s “predatory and opaque” investments in the country, reported The HK Post.
During the Philippines President Ferdinand Marcos Jr’s State visit to China from January 3 to 5, 2023, Marcos and Chinese President Xi Jinping agreed to resume talks on joint oil and gas exploration in the non-disputed areas in the resource-rich South China Sea.
The Philippines and China also agreed on an arrangement for the establishment of a communication mechanism on maritime issues between the Department of Foreign Affairs of the Philippines and the Ministry of Foreign Affairs of China.
As a result of the bilateral meeting, the Philippines has received a proposal from the Chinese government to have a fishery cooperation agreement in the disputed SCS, reported The HK Post.. Read More