President Marcos Rules Out Economic Retaliation Against China Amid Tensions

Cagayan de Oro:President Ferdinand R. Marcos Jr. is not considering economic retaliation against China despite rising tensions over the West Philippine Sea, as stated by Malacañang. The administration clarified that trade relations and the protection of the country's maritime interests should be approached separately.

According to Philippines News Agency, Palace Press Officer Claire Castro addressed the issue during a media briefing in Cagayan de Oro. When questioned about possible retaliatory actions, such as halting the export of nickel or other products from Surigao del Sur to China, Castro emphasized that the President does not engage in retaliatory tactics akin to "children fighting with one another."

The statement comes after Chinese Ambassador Jing Quan suggested that China could easily overcome the Philippines in an armed conflict, prompting Manila to protest the remarks as threatening. Unconfirmed reports have also indicated that China might consider economic and other retaliatory measures against the Philippines.

Castro reiterated President Marcos's preference for diplomatic engagement, stressing that economic cooperation and territorial defense are distinct issues. She highlighted the ongoing economic, trade, and investment ties between China and the Philippines as reasons against considering retaliatory measures.

The management of relations with China is divided among various government agencies, with the Department of Foreign Affairs focusing on diplomatic engagement, while defense and maritime agencies concentrate on safeguarding the nation's rights and interests.