Beneath the diplomatic stand-off between the Philippines and China

PHILIPPINES - Report 06 May 2024 by Diwa Guinigundo

This report adds new information about the economic implications of the China-Philippines maritime conflict to our previously published report "Diplomatic stand-off between the Philippines and China".

It is best to consider that since the dispute is diplomatic, the solution should remain diplomatic, settled and mutually respected in accordance with international law anchored on preserving national sovereignty, and regional peace and stability. Until this is considered by both sides, China especially, the cloud of uncertainty in the economy looms large.

The chance for peace is higher if indeed, the Philippines starts to strengthen its capability for self-defense, cement joint patrols in the South China Sea and broaden alliances with various friendly nations.

Now read on...

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