Philippines President: China Offered Oil Project Majority To Drop Territorial Cl

China’s President Xi Jinping offered a majority stake in a joint oil and gas exploration project to his Philippino counterpart Rodrigo Duterte in exchange for Duterte dropping a claim on parts of the South China Sea that China considers its own. The information comes straight from President Duterte, who spoke to media this week. “Set aside the arbitral ruling,” CNN quoted Duterte as saying. “Set aside your claim. Then allow everybody connected with the Chinese companies. They want to explore and if there is something, they said, we would…