Friday, July 27, 2012

5 Flashpoints in the South China Sea - By Elias Groll

Read more about China's military moment here.

As tensions mount in the South China Sea, an isolated stretch of the South Pacific has become the latest testing ground for how a regionally ascendant China will manage ties with its neighbors. Many fear that China will steamroll its neighbors in securing access to lucrative natural resources -- vast reserves of oil, natural gas, and minerals -- in the South China Sea. China's decision this week to name a little-known city on a postage stamp of an island in the South Pacific as the administrative capital of an enormous swath of ocean seemed to confirm those fears.

But what exactly is at stake in the South China Sea? For starters, as many as 213 billion barrels of oil --more than the reserves of any country except Saudi Arabia and Venezuela -- according to a 2008 report from the U.S. Energy Information Administration. As a result, China, Vietnam, the Philippines, Taiwan, Malaysia, and Brunei are engaged in fierce jockeying over the rights to what at first glance are not more than a handful of rocks.

aaron tam/AFP/GettyImages



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