China's military said a US warship had "illegally" entered waters near the Second Thomas Shoal in the South China Sea, which is claimed by China, the Philippines and others. China's Southern Theater Command said it had sent naval forces to follow and monitor the USS Gabrielle Giffords, accusing the US of raising tensions. The US Navy rejected China's accusation, saying the USS Giffords was conducting routine operations in international waters consistent with international law. China claims almost the entire South China Sea despite a 2016 tribunal ruling that its claims have no legal basis. According to the 2016 ruling, the Second Thomas Shoal lies entirely within the Philippines' exclusive economic zone.
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00:00 It's Benzinga and here's what's on the block.
00:02 China's military said that a US warship had illegally entered waters near the Second Thomas
00:07 Shoal in the South China Sea, which is claimed by China, the Philippines, and others.
00:12 China's Southern Theater Command said that it sent naval forces to follow and monitor
00:16 the USS Gearbill Giffords, accusing the US of rising tensions.
00:20 The US Navy rejected China's accusations, saying that the USS Gifford was conducting
00:24 routine operations in the international waters consistent within the international law.
00:29 China claims almost the entire South China Sea despite a 2016 tribunal ruling that its
00:34 claims have no legal basis.
00:36 According to the 2016 ruling, the Second Thomas Shoal lies entirely within the Philippines'
00:41 exclusive economic zone.
00:43 For all things money, visit Benzinga.com.
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