Philippines says South China Sea dispute a global problem

April 17, 2015 7:34 AM

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MANILA (Reuters) - Philippine President Benigno Aquino said on Friday the territorial dispute with China in the South China Sea was of concern for the world because global trade will be hit by China's reclamation.

Recent satellite images show China has made rapid progress in building an airstrip suitable for military use in contested territory in the Spratly Islands and may be planning another, moves that have been greeted with concern in the United States and Asia.

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