China: Philippines Beijing and China Sea

china: A court in the Hague found China had no historic title over the waters of the South China Sea and had infringed on the rights of the Philippines, according to Nine News Australia. Beijing has rejected the ruling. Obama, who will meet President Xi Jinping at a G20 summit next week in China, told CNN the United States supported the peaceful rise of China but that Beijing had to recognise that "with increasing power comes increasing responsibilities," according to excerpts released on Friday."If you sign a treaty that calls for international arbitration around maritime issues, the fact that you're bigger than the Philippines or Vietnam or other countries ... is not a reason for you to go around and flex your muscles," Obama said. "You've got to abide by international law."China, a signatory to the UN Convention on the Law of the Sea, recently lost an arbitration dispute over the South China Sea. Obama said Washington had urged Beijing to bind itself to international rules and norms to help build a strong international order."Where we see them violating international rules and norms, as we have seen in some cases in the South China Sea or in some of their behaviour when it comes to economic policy, we've been very firm," Obama told CNN. "And we've indicated to them that there will be consequences."The US president said China could not expect to "pursue mercantilist policies that just advantage" itself now that China had become a more affluent, middle-income country."Even though you still have a lot of poor people, you know, you can't just export problems. Click here for more information. You've got to have fair trade and not just free trade," Obama said. "You have to open up your markets if you expect other people to open up their markets."© RAW 2016USAPolitics Send your photos, videos and stories to can remain anonymous. (news.financializer.com). As reported in the news.

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