On Indonesia’s new oligarchy, China’s state bank, and other stories | Asia Sentinel Stories of the Week 
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China and the Philippines exchanged blame over a clash on Friday in disputed waters in the South China Sea, further fuelling tensions over the strategic waterway that has become a dangerous regional flashpoint.
In a brief statement released on Friday afternoon, China’s coastguard accused a Philippine vessel of deliberately ramming a Chinese patrol vessel near the contested Sabina Shoal.
“Philippine vessel No 3015 intentionally adjusted its course and suddenly accelerated to cut across the bow of the Chinese coastguard vessel, resulting in a collision,” said Jiang Lue, a Chinese coastguard spokesman.
Manila’s actions “severely violated international law and basic norms governing international relations, endangering the safety of Chinese vessels and personnel”, Jiang added.
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