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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessBeijing Pushes Back On South China Sea 'Barrier' Claims
(MNI) London - The Chinese Ministry of Foreign Affairs (MoFA) has defended its actions in the South China Sea, after the Philippines issued condemnation of the placement of a 'floating barrier' in part of the Scarborough Shoal that Manila says could affect its maritime rights. Chinese MoFA spoz Wang Wenbin stated that the "Coast guard took necessary measures in accordance with law to bloc and drive away vessels", and that "China has sovereign rights and jurisdiction over Huangyan island."
- On 24 Sep, Philippines Coastguard spox Jay Tarriela statedthat "The (Philippine Coast Guard) will continue to work closely with all concerned government agencies to address these challenges, uphold our maritime rights and protect our maritime domains,"
- Maritime disputes between the Philippines and China are not uncommon, but a deterioration in bilateral relations under President Ferdinand 'Bongbong' Marcos Jr. could increase the frequency of such flare-ups in a geopolitically tense region.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.