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Published on Wednesday, July 13, 2016 | Updated on Sunday, May 13, 2018

The Hague Ruling is set to escalate tensions and later negotiations

Summary

On July 12th The Hague’s Permanent Court of Arbitration (PCA) announced its ruling on the territory dispute submitted by Philippines, which in essence rebukes almost all the China’s claims in the South China Sea. Beijing immediately rejected the ruling of the PCA and vowed to protect its historic and economic rights in its claimed water.

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20160713_Hot Topic_South China Sea

English - July 13, 2016

Authors

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Carlos Casanova
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Álvaro Ortiz BBVA Research - Head of Analysis with Big Data
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Tomasa Rodrigo BBVA Research - Lead Economist
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Le Xia BBVA Research - Chief Economist
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