Surprising terms. China and the Philippines tentatively agreed on a code of conduct for the resupply of Philippine forces at Second Thomas Shoal, a submerged reef in the disputed Spratly Islands at the center of a tense standoff between the countries. Chinese coast guard and other forces have been increasingly aggressive in their attempts to […]
Daily Memo: China Cuts a Deal and Lending Rates
Philippine officials said the preliminary pact on the Second Thomas Shoal excludes key Chinese demands.
