The Philippines should gear up for stronger competition in Southeast Asia as exports of China may slow down next year, according to the Federation of Filipino Chinese Chambers of Commerce and Industry ...
China is seeking to substantiate its claim to a contentious reef in the Philippines' internationally recognized exclusive economic zone (EEZ), further escalating tensions with the U.S. ally.
China and the Philippines have traded barbs for months over manoeuvres at Second Thomas Shoal, an atoll within Manila's 200-nautical-mile Exclusive Economic Zone (EEZ) in the South China Sea.