China welcomes Manila's offer for South China Sea talks

June 1, 2016 10:52 AM

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China welcomes Manila's offer for South China Sea talks

BEIJING China's said on Wednesday it welcomed a proposal by the incoming Philippine government for bilateral talks on the disputed South China Sea.

China claims almost the whole of the South China Sea while the Philippines, Brunei, Vietnam, Malaysia and Taiwan have overlapping claims. The sea is rich in oil, gas and fish, and trade worth trillions of dollars passes through it each year.

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