The Philippine president said Thursday that his government would take action against what he called dangerous attacks by the Chinese coast guard and suspected militia ships in the disputed South China Sea, saying “Filipinos do not yield.”
United States Treasury Secretary Janet Yellen is expected to consult American companies on China’s industrial overcapacity, particularly in solar power and electric vehicles (EVs), at a planned meeting during her trip to China next week – a discussion that is likely to inform the tone of subsequent talks with her counterparts in Beijing, as both sides have deployed heated rhetoric on the issue.
Taiwan has commissioned two new navy ships as a safeguard against the rising threat from China, which has been ratcheting up its naval and air force missions around the island that it claims as its own territory to be annexed by force if necessary.
China’s nationalist leader, Xi Jinping, called for closer trade ties with the United States during a meeting on Wednesday with top American business leaders.
China filed a World Trade Organization complaint against the U.S. on Tuesday over what it says are discriminatory requirements for electric vehicle subsidies.