Tag Archives: PCA

China May Owe The Philippines $177 Billion In South China Sea Rent & Damages

hina owes the Philippines and other countries more than $177 billion in rent and damages for the South China Sea fiasco. The Permanent Court of Arbitration found on Tuesday that Mischief Reef is a low-water elevation and within Philippines’ exclusive economic zone. This gives the Philippines’ indisputable legal rights to the reef. But since 1995 […]