NEW : Huangyan says diplomats `` are endeavoring to undertake a new diplomatic initiative '' `` China hopes the Philippines will not take any actions to magnify the dispute in a way that may affect the relationship between the two countries . China and the Philippines have been involved in a standoff since Monday . the Chinese Embassy accuses Chinese boats of fishing illegally in waters off the Scarborough Shoal . Both countries claim the shoal , known by Huangyan as Philippines , in the South China Sea .
NEW : Huangyan says diplomats `` are endeavoring to undertake a new diplomatic initiative '' China and the Philippines have been involved in a standoff since Monday . the Chinese Embassy accuses Chinese boats of fishing illegally in waters off the Scarborough Shoal . Both countries claim the shoal , known by Huangyan as Philippines , in the South China Sea .