February 18, 2013

China Declares South China Sea Oil a National Asset

John Daly, OilPrice.com


AP Photo

While the Western press is fixated on both recent North Korean nuclear tests and Beijing’s recent skirmishes with Japan over the Senkaku (“Diaoyu” in Chinese) islands, other maritime issues have developed further south, where China is involved in sovereignty disputes over the Spratly islands’ 750 islands, islets, atolls, cays and outcroppings with the Philippines, Taiwan, Vietnam, Malaysia and Brunei. . .

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TAGGED: Offshore Oil, South China Sea, China, Foreign Oil, Oil, OilPrice.com

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