U.S. media said the delay
U.S. media said the delay to solve the disputes of the South China Sea may be more advantageous to China
The United States media articles: China is the world’s largest energy consumer, and the South China Sea under the oil reserves than Saudi oil reserves. Due to regional tensions, large-scale drilling development could be.
According to the United States Energy Information Administration on 2008 China Research Report data, the South China Sea oil reserves may be up to 213000000000 barrels of reserves of 80%, equivalent to Saudi arabia. The world’s second largest economy claims on the South China Sea most of the sea has a” indisputable sovereignty”, including several waters near Vietnam, Exxon Mobil Oil Company and Russia natural gas company ( Gazprom OAO, GAZP ) is the area of exploration.
The dispute led to tensions between China and neighboring countries, this year, Vietnam claims that its petroleum exploration vessel by Chinese ships harassed, tensions escalated. Here is the world’s one of the busiest shipping lanes, maritime security threats by friction. Starting tomorrow, the United States President Obama will be in Honolulu presided over the two day summit of Asia-Pacific leaders, may discuss the problem.
Non official organization in Fujian Province China Xiamen University Energy Economic Research Center Director Lin Boqiang said:” China is the elephant in the room, so whether you like it or not, it can not be ignored. In the South China Sea and neighboring countries have pressure, need to find a feasible way to deal with the Chinese in the South China Sea, the forces — not offend or provocation of china.”
The South China Sea in the South Pacific is located in mainland China, the west side, while on the verge of several countries, but China claimed in most waters sovereignty. The main reason is that, as early as in 1949 founded the people’s Republic of China, history of the territory is so. China has hundreds of islands, many have sovereignty dispute
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