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Malaysia Open to Talks with Beijing Over South China Sea Dispute

Malaysian Prime Minister Anwar Ibrahim said Monday the country is prepared to negotiate with Beijing over an ongoing territorial dispute in the South China Sea.

China claims to own in its entirety the South China Sea, a key waterway that $3 trillion in trade passes through annually. However, Malaysia, Brunei, the Philippines, Taiwan and Vietnam have overlapping claims to the passage. The U.S. routinely sends nava