The APEC Summit in San Francisco gathers amidst US-China geoeconomic tensions. Biden-Xi talks, despite media positivity, showcased US-China disagreement. Marcos Jr. plans a crucial meet with Xi Jinping to address South China Sea issues, challenging China's stance, signaling a potential shift in the Philippines' approach.
#Philippines #China #Xijinping #SouthChinasea #Marcosjr. #jinping #Manila #Beijing #APECsummit #BidenXi #Biden #Worldnews #OneIndia #OneIndianews
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#Philippines #China #Xijinping #SouthChinasea #Marcosjr. #jinping #Manila #Beijing #APECsummit #BidenXi #Biden #Worldnews #OneIndia #OneIndianews
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NewsTranscript
00:00 Amid efforts by Washington and Beijing to defuse their geoeconomic tensions,
00:05 the Asia-Pacific Economic Cooperation Summit is being held in San Francisco in 2023.
00:11 In front of the media, the Biden-Xi summit did go quite well. Nonetheless, the Biden
00:17 administration's remark made it evidently evident that the US largely disagreed with
00:22 whatever China pitched. World powers are starting to take China seriously, particularly in relation
00:28 to the South China Sea. Now, in order to address tensions and devise strategies for moving forward
00:34 in the South China Sea, Philippines President Ferdinand Marcos Jr. has announced on Friday
00:39 that he will meet his Chinese counterpart Xi Jinping on the fringes of the APEC summit in San
00:45 Francisco. "We will get the view of the Chinese president on what we can do to bring down the
00:50 temperature to not escalate the situation in the West Philippine Sea," Marcos stated in a video
00:56 message. The South China Sea or the West Philippine Sea is a contentious water body that is rich in
01:02 natural resources. It has been a source of tensions between the Philippines and China for almost
01:07 decades. Manila refers to the South China Sea as the West Philippine Sea, but China refuses to
01:14 acknowledge it. Both countries lay claim to parts of the sea, leading to numerous standoffs and
01:20 incidents. However, in 2016, an international tribunal in Hague ruled in favor of the Philippines,
01:26 but still China refused to acknowledge the ruling. Since then, the Philippines has strengthened its
01:32 alliance with the United States in response to China's growing assertiveness, while China has
01:36 continued to militarize the disputed islands. The South China Sea remains a potent flashpoint
01:42 for conflict, with both sides seeking to assert their dominance over the region.
01:47 China initially viewed Bongbong Marcos Jr.'s victory in 2022 as a relief amidst tensions
01:53 fueled by former Philippines President Rodrigo Duterte due to his closeness with the USA.
01:58 However, Marcos' victory didn't alter the Philippines' stance on China at all.
02:03 Despite his pro-China remarks in 2016, his administration pledged to confront China,
02:08 affirming the maintenance of a grounded Navy ship in the disputed South China Sea at all
02:13 without notifying China. In addition, the Philippines Department of Foreign Affairs
02:18 urged China to dismantle illegal structures in their exclusive economic zone,
02:23 halt further reclamations, and take responsibility for the damage caused by these activities.
02:28 Marcos Jr.'s presidency signaled a shift, challenging China despite his earlier
02:32 favorable statements. Their upcoming meet could largely see the Philippines asserting
02:37 its stance on the West Philippine Sea.
02:44 [BLANK_AUDIO]