
China warns U.S. officials about an agreement that was just made between North America and the Philippines.
The treaty calls for an increased U.S. military presence in the South China Sea.
By Money Morning Staff Reports, Money Morning -
China warns U.S. officials about an agreement that was just made between North America and the Philippines.
The treaty calls for an increased U.S. military presence in the South China Sea.
It is beginning to look more and more like a blinking contest in the South Pacific...
By Money Morning Staff Reports, Money Morning -
China warns U.S. officials about an agreement that was just made between North America and the Philippines.
The treaty calls for an increased U.S. military presence in the South China Sea.
It is beginning to look more and more like a blinking contest in the South Pacific...
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke -
A storm that's been brewing in the South China Sea for 200 years now threatens to disrupt the world financial markets.
"The plot in the South China Sea just keeps getting thicker," Money Morning Executive Editor Bill Patalon told readers on Dec. 8. "And riskier - on both sides of the dispute that keeps escalating there."
Seven nations lay claim over the region's resource-rich islands and maritime boundaries: China, Vietnam, Malaysia, the Philippines, Taiwan, Japan, and the tiny sultanate of Brunei.
Exactly what is the South China Sea dispute?
Here's a look at the history of conflict there and the UN laws that govern...
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke -
Why is the South China Sea important? At first look, the island group seems uninhabitable and worthless - but this observation would be grossly in error.
These islands sit on the edge of the most lucrative fishing area in the South China Sea. They are also on the edge of one of the most oil- and gas-rich areas yet discovered.
And the Spratlys are claimed by no less than six different countries.
"This is definitely a situation you want to watch closely," Money Morning Executive Editor Bill Patalon told readers on Dec. 8. "Any kind of a major 'incident' there will clearly have a big - and negative - impact on the world financial markets."
Here's a look at the irresistible treasures that make ownership of the South China Sea crucial...
By Tony Daltorio, Contributing Writer, Money Morning -
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