The Philippines should seize China-owned assets in the country as payment for reef damage caused by its island-building activities in the South China Sea, a former top diplomat said on Monday. “Philippine authorities have the right to seize assets and properties owned by the Chinese state here in the Philippines to satisfy Chinese debt to the Filipino people,” former Foreign Affairs Secretary Albert F. del Rosario said at an online forum. Among these assets are China’s shares in the National Grid Corp. of the Philippines (NGCP) and DITO Telecommunity Corp.

Tadalan, C. A. (2020, June 9). Duterte told to seize China assets for reef damage in waterway. BusinessWorld, p. S1/10.