South China Sea: The New Persian Gulf?

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As China’s economic and strategic influence grows, neighbours are benefiting in both aid and trade. But the fear of a new hegemony in the region is ever more evident in international and territorial waters of South China Sea. China, Taiwan, the Philippines, Vietnam, Malaysia and Brunei all have competing claims for part or all of the archipelagos in the South China Sea, the Spratly and Paracel Islands. The region contains large untapped oil and gas reserves. It also includes some of th...

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