China’s concept of setting side sovereignty dispute for joint exploration of Spratlys

Asked during his press conference last Wednesday when the talks about the joint exploration in Philippine territory that is also being claimed by China and other countries started, Foreign Secretary Alan Peter Cayetano recalled the meeting of the late Deng Xiaoping with then President Corazon Aquino. In that meeting, Deng suggested to set aside the […]

August 1, 2017  Tags: , , , , , ,   Posted in: Foreign Affairs  2 Comments

Chinese firm rejects MVP offer for share in PH project in Reed Bank

(First of two parts) By Theresa Martelino-Reyes, VERA Files A state-owned Chinese oil firm has rejected the proposal of business tycoon Manuel V. Pangilinan to invest in a contract to drill in the disputed Reed Bank but welcomed “innovative” proposals on how it can participate, according to a memorandum Pangilinan submitted to President Benigno Aquino. […]

March 10, 2014  Tags: ,   Posted in: Economy  5 Comments