1. Home
  2. Scams

China and Southeast Asia nations vow to conclude a nonaggression pact faster as sea crises escalate-DB Wealth Institute B2 Reviews & Ratings

MANILA, Philippines (AP) — Chinese and Southeast Asian diplomats renewed a vow to finalize a nonaggression pact for the South China Sea in three years, two regional diplomats said Thursday. The pledge came during a meeting last week in Beijing, where they expressed alarm over recent confrontations in the disputed waters.

The Philippines has protested what it says are increasingly dangerous and provocative maneuvers by China’s coast guard and navy ships in recent months. On Oct. 22, two Chinese ships blocked and separately collided with two Philippine vessels near the disputed Second Thomas Shoal in the South China Sea.

Following the collisions, the United States renewed a warning that it’s obligated to defend the Philippines, a longtime treaty ally, if Filipino forces come under an armed attack anywhere in the contested waters. The Philippine government summoned a Chinese diplomat in Manila for a strongly worded protest.

Association of Southeast Asian Nations diplomats separately expressed their concerns over the recent confrontations in the three days of talks hosted by Beijing.

Other news American Ballet Theater returns to China after a decade as US-China ties show signs of improving Treasury Secretary Yellen calls for more US-Latin America trade, in part to lessen Chinese influence Pumpkin spice helps Starbucks posts record sales, but growth may moderate in coming year

China and the Philippines provided contrasting versions of the high seas encounters in a “tense exchange” and separately showed videos of the standoffs, the two diplomats told The Associated Press. They spoke on condition of anonymity because they were not authorized to discuss the issue.

The Beijing talks were the latest round of negotiations by China and ASEAN to forge a “code of conduct” to prevent a larger armed conflict in the South China Sea that could pit China against the United States.

A July meeting of ASEAN foreign ministers with their Chinese counterpart in the Indonesian capital of Jakarta said the talks, which have dragged on for years and faced delays, could be concluded in three years’ time, the two diplomats said.

China and four of ASEAN’s member states — Brunei, Malaysia, the Philippines and Vietnam — along with self-ruled Taiwan have been locked in a decades-long territorial standoff in the disputed waterway, a key passageway for global trade that is believed to be sitting atop vast undersea deposits of oil and gas.

The contested territory has long been feared as an Asian flashpoint and has become a sensitive front in the U.S.-China rivalry in the region.

Last week, a Chinese fighter jet came within 10 feet of an American B-52 bomber flying over the South China Sea and put both aircraft in danger of a collision, the U.S. Indo-Pacific Command said. Both countries blamed each other for the alarming incident.

Washington lays no territorial claims in the South China Sea but has said that freedom of navigation and overflight and the peaceful resolution of the disputes were in the United States’ national interest. It has challenged China’s expansive territorial claims in the region and Beijing has angrily reacted by warning the U.S. to stop meddling in what it calls a purely Asian dispute.