• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Editor's Pick

China urges Philippines to return to ‘peaceful development’

by December 26, 2024
written by December 26, 2024

BEIJING (Reuters) – China’s foreign ministry on Thursday urged the Philippines to return to “peaceful development”, saying Manila’s decision to deploy a U.S. medium-range missile system in military exercises would only bring the risks of an arms race in the region.

The U.S. Typhon system, which can be equipped with cruise missiles capable of striking Chinese targets, was brought in for joint exercises earlier this year.

On Tuesday, Philippine Defence Minister Gilberto Teodoro said the Typhon’s deployment for joint exercises was “legitimate, legal and beyond reproach”. Army chief Roy Galido said on Monday that the Philippines was also planning to acquire its own mid-range missile system.

Rivalry between China and the Philippines has grown in recent years over their competing claims in the South China Sea. Longtime treaty allies Manila and Washington have also deepened military ties, further ratcheting up tensions.

“By cooperating with the United States in the introduction of Typhon, the Philippine side has surrendered its own security and national defence to others and introduced the risk of geopolitical confrontation and an arms race in the region, posing a substantial threat to regional peace and security,” said Mao Ning, a spokesperson at China’s foreign ministry.

“We once again advise the Philippine side that the only correct choice for safeguarding its security is to adhere to strategic autonomy, good neighbourliness and peaceful development,” Mao told reporters at a regular press conference.

China will never sit idly by if its security interests were threatened, she added.

The Philippine embassy in Beijing did not immediately respond to a Reuters request for comment.

China claims almost the entire South China Sea, which is also claimed by several Southeast Asian countries including the Philippines.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Spain’s industrial prices rise 0.9% year-on-year in November
next post
South Korea’s Shinsegae to set up joint venture with Alibaba International

You may also like

China central bank conducts 1.7 trln yuan of...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

ECB president fears loss of central bank independence

January 27, 2025

European tech shares tumble as China’s AI push...

January 27, 2025

Futures slip as investors eye China’s latest AI...

January 27, 2025

Markets may be repeating the mistake of 2019,...

January 27, 2025

How billionaire Caltagirone could influence Italy’s banking M&A...

January 27, 2025

How Italy’s MPS went from near collapse to...

January 27, 2025

Analysis-To weather Trump, emerging market investors look to...

January 27, 2025

Chinese AI startup DeepSeek overtakes ChatGPT on Apple...

January 27, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!








    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • China outlines more controls on exports of rare earths and technology

      October 10, 2025
    • Paramount acquires Bari Weiss’ The Free Press, naming her the top editor of CBS News

      October 7, 2025
    • YouTube to pay $24 million to settle Trump lawsuit

      October 1, 2025
    • Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of aid startup

      October 1, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (651)
    • Stock (6,426)

    Latest News

    • China outlines more controls on exports of rare earths and technology
    • Paramount acquires Bari Weiss’ The Free Press, naming her the top editor of CBS News

    Popular News

    • Bernard Madoff’s victims collect $4.3 billion as US government fund completes payouts
    • New York City lawsuit against Exxon, BP, Shell over climate change dismissed

    About The Significant deals

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy