China and the Philippines reached a deal to end confrontations at Second Thomas Shoal in the South China Sea, aiming to deescalate tensions and manage differences through dialogue. The agreement does not prejudice each other's territorial claims in the South China Sea.
Key Points
China and the Philippines reached a deal to end confrontations at Second Thomas Shoal
The agreement aims to deescalate the situation in the South China Sea
China and the Philippines will manage differences through dialogue
Pros
Aims to deescalate tensions and avoid larger conflicts
Recognizes the need to manage differences through dialogue
Cons
Success of the deal implementation is uncertain
Long-term sustainability of the agreement is questionable