Article Open Access http://dx.doi.org/10.26855/jhass.2022.12.022
China-Philippines Oil and Gas Cooperation in the South China Sea: Conundrum and Thinking
Xiaoyi Fang1,*, Kexing Shi2, Hongxian Li3
1School of Marxism, Hainan University, Haikou, Hainan, 57022, China.
2School of Finance and Public Administration, Yunnan University of Finance and Economics, Yunnan, China.
3Yunnan University of Finance and Public Administration, Yunnan, China.
*Corresponding author: Xiaoyi Fang
Published: January 15,2023
Abstract
After the South China Sea arbitration case, China-Philippines relations have dropped to a freezing point. Since taking to power, Duterte has been committed to improving China-Philippines relations, achieving a comprehensive turnaround in China-Philippines relations and advancing practical cooperation between China and the Philippines. Affected by multiple factors. In 2022, the Philippine Foreign Minister announced that the china-Philippines oil and gas negotiations had been terminated. The same year, the Philippines welcomed its new president, Jose Marcos Colena. The government of Jose Markos has repeatedly sent signals to China to resume oil and gas cooperation, and the oil and gas talks between China and the Philippines are expected to resume. However, the joint development of oil and gas resources in the South China Sea between China and the Philippines still faces some difficulties to be solved. This paper mainly analyzes on the possible difficulties of joint development of oil and gas resources in the South China Sea between China and the Philippines, and then puts forward some thoughts.
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How to cite this paper
China-Philippines Oil and Gas Cooperation in the South China Sea: Conundrum and Thinking
How to cite this paper: Xiaoyi Fang, Kexing Shi, Hongxian Li. (2022) China-Philippines Oil and Gas Cooperation in the South China Sea: Conundrum and Thinking. Journal of Humanities, Arts and Social Science, 6(4), 676-679.
DOI: http://dx.doi.org/10.26855/jhass.2022.12.022