Latest news with #SouthChinaSea
South China Morning Post
an hour ago
- Business
- South China Morning Post
China-EU friction in spotlight, excessive dining austerity measures: SCMP daily highlights
Catch up on some of SCMP's biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing China's central bank is launching a new connect programme with Hong Kong to facilitate cross-border payments – Beijing's latest move to open up its financial sector and also leverage the southern financial centre to better connect with the rest of the world. Illustration: Lau Ka-kuen Decades of overinvestment and state subsidies in China, weak domestic consumption, an addiction to manufacturing, crashing corporate profits, zombie companies that the state does not let die and a superpower trade war have, the EU believes, created a perfect storm. Chinese and Philippine vessels have clashed again in the South China Sea, with Beijing saying its coastguard used a water cannon to expel a Philippine government vessel near Scarborough Shoal on Friday. China Coast Guard spokesman Liu Dejun said on Friday afternoon that Philippine vessel 3006 had 'ignored repeated warnings and insistently intruded' into Chinese waters near the strategic shoal.
Bloomberg
8 hours ago
- Bloomberg
China Says It Drove Away Philippine Ship From Disputed Shoal
China's coast guard said it drove away a Philippine ship around Scarborough Shoal in the South China Sea on Friday. 'The China Coast Guard gradually took necessary measures such as shouting warnings, following and forcing, and water cannon warnings to drive away the Philippine ship,' it said in a statement.
South China Morning Post
8 hours ago
- Politics
- South China Morning Post
South China Sea: China Coast Guard uses water cannon to expel Philippine vessel from shoal
China says its coastguard used a water cannon in an effort to expel a Philippine government vessel that entered waters of the disputed Scarborough Shoal in Beijing's latest confrontation with Manila in the disputed South China Sea China Coast Guard spokesman Liu Dejun said in a statement on Friday afternoon that Philippine vessel 3006 had 'ignored repeated warnings and insistently intruded' into Chinese waters near the strategic shoal. In response, China Coast Guard had implemented standard enforcement measures, including verbal warnings, close monitoring and water cannons to drive away the unauthorised ship, Liu said. 01:25 Chinese military helicopter and Philippine patrol plane in close encounter over Scarborough Shoal Chinese military helicopter and Philippine patrol plane in close encounter over Scarborough Shoal 'The Philippine side's actions constitute a serious violation of China's sovereignty and international law,' Liu said, adding that the Chinese side's response was 'professional, lawful and justified' under China's Coast Guard Law and related regulations. Manila has not commented on any incident at Scarborough Shoal or China's statement. The confrontation came a day after China accused the Philippines of 'illegally' operating in waters near the disputed Half Moon and Royal Captain shoals. In a late night statement on Thursday, Liu said China's coastguard had 'handled the situation in accordance with the law and regulations, with the on-site operations conducted in a professional and standardised manner'. 'The Philippine government vessels, under the pretext of so-called fishery protection, have illegally infringed upon China's rights and provocatively undermined stability in the South China Sea,' the statement said.
Free Malaysia Today
2 days ago
- Business
- Free Malaysia Today
ConocoPhillips eyes investment in Sabah, reaffirms commitment to M'sia
ConocoPhillips CEO Ryan Lance said the company is in discussions with Petronas regarding investment opportunities in Malaysia. (EPA Images pic) PETALING JAYA : US oil giant ConocoPhillips has set its sights on potential investments in Sabah while reaffirming its long-term commitment to Malaysia. Its CEO, Ryan Lance, today said the company is in discussions with Petroliam Nasional Bhd (Petronas) regarding investment opportunities in the country, Bernama reported. 'We are going to invest in Sabah going forward, and we are exploring many opportunities with Petronas,' Lance said during a dialogue session at the Energy Asia 2025 conference in Kuala Lumpur. ConocoPhillips confirmed its exit from the Salam-Patawali deepwater oil and gas field off Sarawak's coast in April, a decision which it said was based on prioritisation within its global portfolio. The deepwater oil and gas field, discovered with Petronas in 2018, was developed under a 50:50 joint venture. In January, a ConocoPhillips subsidiary, ConocoPhillips Sabah Gas Ltd, became the sole operator of the Kebabangan Cluster Production Sharing Contract (KBBC PSC). The Kebabangan gas field, which produces 140 MBOED (million barrels of oil equivalent per day), is located 130km offshore northwest of Sabah waters in the South China Sea. KBBC PSC was previously operated by Kebabangan Petroleum Operating Company Sdn Bhd, a joint operating company comprising Petronas Carigali Sdn Bhd, Shell Energy Asia Limited, and ConocoPhillips Sabah Gas Ltd.
South China Morning Post
3 days ago
- Politics
- South China Morning Post
Philippines says more US Typhon missiles ‘very welcome' despite China's warnings
The Philippine army has signalled it would welcome additional US Typhon missile systems to accelerate troop training and strengthen deterrence, despite Beijing 's repeated denunciations of the system as a destabilising force that risks fuelling tensions in the South China Sea Advertisement Speaking at a press briefing on Tuesday, Philippine Army spokesman Colonel Louie Dema‑ala said the arrival of more Typhon launchers, which are also known as Medium Range Capability (MRC) systems, would 'be very welcome' because training on the advanced weapons system has been limited to only a few personnel thus far. 'Yes, any additional deployment of the MRC is very welcome to the Philippine Army as this will help us and fast track our training when it comes to new capabilities,' he told reporters. He stressed, however, that no official decision had yet been made on any new deployment. The first Typhon system arrived in the Philippines in April 2024 during joint US-Philippine exercises, marking its first overseas deployment. The ground-based launcher, capable of firing Tomahawk and SM-6 missiles with ranges of up to 2,000 kilometres, puts parts of the South China Sea, Taiwan Strait and even southern China within striking distance. The system remains stationed in northern Luzon for ongoing training. Philippine and US soldiers conduct joint Mid-Range Capability (MRC) training during Exercise Salaknib in northern Luzon on June 27, 2024. Photo: US Army The possibility of the Philippines' receiving more Typhon systems was first raised last month during a visit by foreign journalists to the US Indo-Pacific Command (IndoPacom) headquarters in Hawaii under Washington's Friends, Partners, Allies Programme for Journalists.
