China's SCS Strategy Thread

[ansy1968]

please tell me more about this 60/40 sharing.
60 for China, or for the Philippines ?
thanks.

@Jono 60% for the Philippines and 40% for the Chinese,(yup a generosity on the part of China) it will be drill inside the Philippine EEZ but near the disputed area, During the last administration there is a plan to drill there with the help of the American oil company but was aborted due to Chinese pressure cause the oil reserve span overlap the claims of both countries. A JV with the Chinese is a way to break the jam with Chinese tech and assistance, and as sign of good faith China will shoulder the expense, now as a Filipino how can you say no to that. Shell drill oil in Malampaya where they get a loan back by our gov't sovereign guarantee it was an onerous deal (Shell didn't have to Shell out its money....LOL) and in return we are ONLY getting 12% of the revenue. (Shell operate tax free)

China are willing to take a smaller share cause she sees it in Geopolitical terms, If the oil deal is finalized others will follow suit cause there is NO DOWNSIDE TO IT, they will have the oil with minimal expense, for the Chinese the investment return is unquantifiable, binding the claimant countries under her auspices is better than conquering them by forces. Ohhh it also nullify the ARBITRATION ruling and the American FON operation which for the Chinese are side issue.

 

[Jono]

@Jono 60% for the Philippines and 40% for the Chinese,(yup a generosity on the part of China) it will be drill inside the Philippine EEZ but near the disputed area, During the last administration there is a plan to drill there with the help of the American oil company but was aborted due to Chinese pressure cause the oil reserve span overlap the claims of both countries. A JV with the Chinese is a way to break the jam with Chinese tech and assistance, and as sign of good faith China will shoulder the expense, now as a Filipino how can you say no to that. Shell drill oil in Malampaya where they get a loan back by our gov't sovereign guarantee it was an onerous deal (Shell didn't have to Shell out its money....LOL) and in return we are ONLY getting 12% of the revenue. (Shell operate tax free)

China are willing to take a smaller share cause she sees it in Geopolitical terms, If the oil deal is finalized others will follow suit cause there is NO DOWNSIDE TO IT, they will have the oil with minimal expense, for the Chinese the investment return is unquantifiable, binding the claimant countries under her auspices is better than conquering them by forces. Ohhh it also nullify the ARBITRATION ruling and the American FON operation which for the Chinese are side issue.

thank you Ansy.
now I see the issue in a clearer light, especially this part: it will be drill inside the Philippine EEZ but near the disputed area,
so it is somewhat like a joint venture except that China gets the lesser cut (40%) despite doing most if not all of the efforts, unlike Shell getting the lion share of the profits ( 88% according to your figure ).
it is still a lopsided deal, 50/50 is more acceptable to me, but Beijing must think it worthwhile to give concessions for better reasons, geopolitical and others.
cheers to all.

 

[ansy1968]

thank you Ansy.
now I see the issue in a clearer light, especially this part: it will be drill inside the Philippine EEZ but near the disputed area,
so it is somewhat like a joint venture except that China gets the lesser cut (40%) despite doing most if not all of the efforts, unlike Shell getting the lion share of the profits ( 88% according to your figure ).
it is still a lopsided deal, 50/50 is more acceptable to me, but Beijing must think it worthwhile to give concessions for better reasons, geopolitical and others.
cheers to all.

@Jono bro pleasure and its nice to have a discussion, Its difficult being a Hua Qiao , since you love both your ancestral country and your adopted country, both are your mothers and if they fight it will torn your soul. For me what China is doing is more of a geopolitical strategy, oil is a material thing and even if China get little from the ventured it still will get the oil since she is the biggest buyer therefore securing its oil supply, if the American disrupt its operation it will incur the wrath of her allies, its a win win for China. And what I learned in history if there is a shared concern especially an oil pipeline or a JV gas field you tie that country to yours, binding it to your future.

 

[PhSt]

So now an American "Analyst" is telling the Philippine government what to do in dealing with China in the SCS. This is a brazen disrespect to the Philippine government, being told how they should act by an outsider who is obviously interested in forcing the Philippines to take provocative actions against China. After all, it's not him who will be in the crossfire if ever an actual war breaks out. This provocateur needs a proper Slap in the face for peddling pro-war propaganda.

 

[voyager1]

So now an American "Analyst" is telling the Philippine government what to do in dealing with China in the SCS. This is a brazen disrespect to the Philippine government, being told how they should act by an outsider who is obviously interested in forcing the Philippines to take provocative actions against China. After all, it's not him who will be in the crossfire if ever an actual war breaks out. This provocateur needs a proper Slap in the face for peddling pro-war propaganda.

These are the CIA media traitors inside Philippines. IMO the best Duterte could do is throw them all in prison.

What the heck is the Philippines' Intelligence Agency doing. Bait them with a treasonous story or something similar and when these traitors eat it up, throw them in jail

 

[silentlurker]

What the heck is the Philippines' Intelligence Agency doing.

Who do you think probably put those intelligence officers through their training?

 

[PhSt]

This should serve as a warning to China. Duterte has been completely subjugated. The PH Military is now acting on its own (with the direction of their US handlers) and is planning to build structures in unoccupied shoals in the SCS. China needs to act fast and build its own structures before America gets there first through their proxies like the Philippines.

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[voyager1]

This should serve as a warning to China. Duterte has been completely subjugated. The PH Military is now acting on its own (with the direction of their US handlers) and is planning to build structures in unoccupied shoals in the SCS. China needs to act fast and build its own structures before America gets there first through their proxies like the Philippines.

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Knew it. Thats why I said Phillipines is a lost cause. The whole country has been infiltrated

CIA traitors are roaming free there

 

[PhSt]

Duterte is doing his best to keep the friendship between Philippines and China, but Politicians and personalities who are in America's pockets are increasing their attacks and pressure to discredit his efforts.

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[Bellum_Romanum]

Duterte is doing his best to keep the friendship between Philippines and China, but Politicians and personalities who are in America's pockets are increasing their attacks and pressure to discredit his efforts.

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Some of the folks in the Philippines just pull or manufacture economic loss numbers out of their you know what...the Chinese activities in their so called West Philippine Sea apparently costs the country 1.4 Trillion pesos a year? How are they calculating this loss from? And from what sector?