South China Sea: Fresh Tension in South China Sea Erupts – Analysis

Feb 26, 2016 | Rajaram Panda, Eurasia Review
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The South China Sea is the most critical waterway through which more than $5 trillion in global trade passes every year. The area is believed to possess huge amount of minerals and resource deposits to which China is eyeing to control. The South China Sea is rich in hydrocarbon besides other marine wealth including fisheries. The South China Sea with over 3.7 million square kilometre surface area not only provides the surrounding countries with oil and gas, seafood and other natural resources, but also serves as the most critical shipping routes between Pacific and Indian Ocean.