Wednesday, January 27, 2016

Rumors of War - Kings of the East

AP - US, China spar over North Korea, South China Sea
AP reports: "China claims sovereignty of much of the territory in the South China Sea. It rejects claims from countries such as the Philippines and Vietnam and has bristled at U.S. warnings that its activities threaten the freedom of navigation in some of the world's busiest commercial shipping lanes. Taiwan, Malaysia and Brunei also have overlapping claims in the strategically vital sea, through which around $5 trillion in world trade passes each year. The U.S. says it takes no position on the claims but says developments in the South China Sea are a national security interest. It has urged that the disputes be settled peacefully and that a binding code of conduct be established for the area. Tensions have been especially high since Beijing transformed seven disputed reefs into islands, where it is now constructing runways and facilities that rival claimants say can be used militarily."

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