China and Philippines conform to ‘handle variations’ on South China Sea

China and Philippines conform to ‘handle variations’ on South China Sea



Hong Kong
CNN
 — 

Chinese chief Xi Jinping and his Philippine counterpart Ferdinand Marcos Jr. have agreed to strengthen financial ties and resume talks on oil exploration, as they appear to revive their economies amid the pandemic downturn and friction over contested areas of the South China Sea.

Xi met with Marcos Jr. on Wednesday in the course of the Philippine President’s first state go to to Beijing, the place the 2 leaders agreed to “appropriately manage differences,” based on a joint assertion launched Thursday.

The assertion stated the leaders had an “in-depth and candid” dialogue in regards to the scenario within the South China Sea and “reaffirmed the importance of maintaining and promoting peace and stability in the region.”

During the talks, Manila and Beijing additionally agreed to renew negotiations on oil and fuel exploration within the South China Sea that had been halted final June…

2023-01-05 02:39:15 China and Philippines conform to ‘handle variations’ on South China Sea
Original from www.cnn.com

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