MANILA (Reuters) - The Philippines hopes for a "soft landing" in a dispute with China over the South China Sea when the arbitration court in The Hague delivers its ruling, President Rodrigo Duterte said on Thursday after he was sworn in.
China claims almost all the South China Sea, where about $5 trillion worth of trade passes every year. Brunei, Malaysia, the Philippines, Taiwan and Vietnam also claim the sea believed to have rich deposits of oil and gas.
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