The Gist
News and Features
Global Philippines Fine Living
Insights
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
Webinars
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
Downloads
economy-ss-9
Economic Updates
Quarterly Economic Growth Release: 5.4% Q12025
DOWNLOAD
investment-ss-3
Economic Updates
Policy rate views: Uncertainty stalls cuts
DOWNLOAD
grocery-2-aa
Economic Updates
Inflation Update: BSP poised for a string of rate cuts as inflation cools
DOWNLOAD
View all Reports
Metrobank.com.ph Contact Us
Follow us on our platforms.

How may we help you?

TOP SEARCHES
  • Where to put my investments
  • Reports about the pandemic and economy
  • Metrobank
  • Webinars
  • Economy
TRENDING ARTICLES
  • Investing for Beginners: Following your PATH
  • On government debt thresholds: How much is too much?
  • Philippines Stock Market Outlook for 2022
  • No Relief from Deficit Spending Yet

Login

Access Exclusive Content
Login to Wealth Manager
Visit us at metrobank.com.ph Contact Us
Access Exclusive Content Login to Wealth Manager
Search
The Gist
News and Features
Global Philippines Fine Living
Insights
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
Webinars
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
Downloads
economy-ss-9
Economic Updates
Quarterly Economic Growth Release: 5.4% Q12025
May 8, 2025 DOWNLOAD
investment-ss-3
Economic Updates
Policy rate views: Uncertainty stalls cuts
May 8, 2025 DOWNLOAD
grocery-2-aa
Economic Updates
Inflation Update: BSP poised for a string of rate cuts as inflation cools
May 6, 2025 DOWNLOAD
View all Reports
Economy 2 MIN READ

Philippines concerned over report of China construction on reefs

December 21, 2022By Reuters
Related Articles
BRIEF-BDO Unibank Inc Approves Declaration Of A Special Cash Dividend Of 1.00 Peso/Share April 22, 2022 Gold at near 7-month peak as dollar, yields dip on Fed rate-cut bets November 29, 2023 Australia shares likely to open lower, NZ slips May 12, 2022

MANILA, Dec 21 (Reuters) – The Philippines on Wednesday said it was seriously concerned about a report of Chinese construction on four uninhabited features in the disputed Spratly islands, news that Beijing dismissed as “unfounded”.

The Philippines foreign ministry said such construction would go against a 2002 Declaration of Conduct on the South China Sea, in which China and Southeast Asian countries pledged to avoid actions that could escalate disputes, including occupying uninhabited shoals, reefs, islands, cays and other features.

The ministry said it would try to validate the report by Bloomberg, which cited unnamed western officials as saying maritime militia controlled by Beijing had been involved in construction work at Eldad Reef, Lankiam Cay, Whitsun Reef and Sandy Cay.

The Spratlys are one of the world’s most contested archipelagos, with competing claims from the Philippines, Malaysia, Brunei, Vietnam, Taiwan and China.

Some islands are inhabited by small communities from several of the countries, ostensibly to reinforce their claims. Some are close to artificial islands constructed by China and equipped with buildings, runways and missile systems.

China’s embassy in Manila called the report “fake news”, while its foreign ministry reiterated a “solemn consensus” had been reached among claimants that included not developing uninhabited reefs and islands.

“China has always strictly adhered to this consensus. At present, China-Philippines relations are developing with a good momentum, and both sides will continue to properly deal with maritime issues through friendly consultations,” spokesperson Mao Ning said at a regular news briefing on Wednesday.

Lankiam, known in the Philippines as Panata island, is one of the nine Philippine-occupied features in the Spratlys, while Whitsun has been a source of diplomatic tension, with Manila irked by what it calls a “swarming and threatening presence” of Chinese fishing boats in its 200-mile exclusive economic zone.

Referring to the Chinese vessels, State Department spokesperson Ned Price on Monday said the United States stood with defence ally the Philippines in upholding a rules-based international order.

(Reporting by Karen Lema in Manila and Yew Lun Tian in Beijing; Editing by Martin Petty)

 

This article originally appeared on reuters.com

Read More Articles About:
Worldwide News Philippine News Rates & Bonds Equities Economy Investment Tips Fine Living

You are leaving Metrobank Wealth Insights

Please be aware that the external site policies may differ from our website Terms And Conditions and Privacy Policy. The next site will be opened in a new browser window or tab.

Cancel Proceed
Get in Touch

For inquiries, please call our Metrobank Contact Center at (02) 88-700-700 (domestic toll-free 1-800-1888-5775) or send an e-mail to customercare@metrobank.com.ph

Metrobank is regulated by the Bangko Sentral ng Pilipinas
Website: https://www.bsp.gov.ph

Quick Links
The Gist Webinars Wealth Manager Explainers
Markets
Currencies Rates & Bonds Equities Economy
Wealth
Investment Tips Fine Living Retirement
Portfolio Picks
Bonds Stocks
Others
Contact Us Privacy Statement Terms of Use
© 2025 Metrobank. All rights reserved.

Read this content. Log in or sign up.

​If you are an investor with us, log in first to your Metrobank Wealth Manager account. ​

If you are not yet a client, we can help you by clicking the SIGN UP button. ​

Login Sign Up