The Philippines is currently navigating a perilous and largely overlooked period of economic vulnerability: its national fuel supply could run out in around three to four weeks if international imports don't arrive soon.
Chinese firms stepping in.
Thousands of Chinese companies found to have supplied goods to Russian firms linked to the country’s defence sector, despite Beijing’s claims of neutrality.
A leading name in the Taiwanese solar sector, TSEC has seen its valuation on the Taiwanese exchange skyrocket in recent months.
Trump has stressed that the postponement is intended solely to ensure his presence in the capital during the crisis although it has been suggested that the delay could be in part a result of China’s reluctance to send ships to the Strait of Hormuz.
If Beijing’s supporters are right that now is the time, they are also wrong to imagine success without substantial Taiwanese and wider regional blowback.
The coast guard is also stepping up joint drills with the military, signalling a shift towards integrated defence operations. In the event of conflict, the agency would support naval missions and could equip certain vessels with missile systems.