China claims much of the South China Sea, through which more than $5 trillion of trade moves annually. The award is a historic win not only for the Philippines ... it renews humanity's faith in a rules based global order," Calida told a forum on the South China Sea. Land-locked Laos, which is boosting economic ties with China, will be hosting a key security meeting later this month at which the South China Sea is expected to dominate. A decision invalidating China's vast claims in the South China Sea was a "crowning glory" that renews faith in international law, the Philippines' top lawyer said on Friday, in Manila's strongest comment yet on its sweeping win. "Thongloun said that Laos supports China's position, and is willing to work with China to maintain peace and stability in the South China Sea region," the ministry said in a statement.
Source: Thanhnien News July 15, 2016 04:07 UTC