Tensions Are Growing in the South China Sea [Financial Post (Toronto, Ontario, Canada)]
Exxon Mobil Corporation (XOM)
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Listen to the Big Take podcast on iHeart, Apple Podcasts, Spotify and the Bloomberg Terminal. The US and the Philippines kicked off one of the largest military exercises in waters near the South China Sea on Monday. These joint military drills take place annually but this year's come amid rising tensions between China and the Philippines. The countries are sparring over control of the waterway, which is rich in energy reserves. Article content Article content On today's Big Take, host Oanh Ha and Senior Editor Bill Faries break down why who controls this vast body of water matters for South East Asia and the rest of the world. Listen to the Big Take podcast every weekday and subscribe to our daily newsletter Here is a lightly edited transcript of the conversation: Sarah Holder: Hey Sarah here. One of the best things about working at Bloomb
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