Philippines bends to China on Spratlys; open to joint development
Special to WorldTribune.com Compiled by Miles Yu, Geostrategy-Direct.com Manila appears to be easing its hardline stance towards Beijing and may be willing to jointly develop oil and natural gas resources in the hotly disputed Spratly Islands in the South China Sea. “We are amenable to the [Chinese offer of joint development] for as long as […]