South China Sea: Vietnam Dares What Philippines Didn't

[The Ronin]

In the South China Sea disputes, Vietnam dares to do what the Philippines didn’t: challenge China’s mission to turn the vast waterway into its own sea.

That’s according to a recent Reuters report, which claims that Vietnam is pushing for a pact that will outlaw many of China’s ongoing activities in the South China Sea. Like the building of artificial islands, blockades and offensive weaponry such as missile deployments; and the Air Defence Identification Zone—a conduct code China initiated back in 2013.

This isn’t the first time Hanoi is challenging China’s claims in the South China Sea. Back in July of 2017, Vietnam granted Indian oil firm ONGC Videsh a two-year extension to explore oil block 128, according to another Reuters report.

And that’s something Beijing loudly opposed.

In recent years, China has considered the South China Sea its own. All of it, including the artificial islands Beijing has been building in disputed waters, and the economic resources that are hidden below the vast sea area. And it is determined to use its old and new naval powers to make sure that no other country reaches for these resources without its permission.

Philippines President Rodrigo Duterte understands Beijing’s determination very well. Back in April of 2018 he reversed his earlier decision to raise the Philippine flag in disputed islands, following Beijing’s “friendly” advice.

A year before that incident, the Philippines and its close ally, the U.S., won an international arbitration ruling that China has no historic title over the waters of the South China Sea. Yet Duterte didn’t dare enforce it. Instead, hesided with Beijing on the dispute, and sought a “divorce” from the U.S.

Duterte’s flip-flops saved peace in the South China Sea by changing the rules of the game for China and the US, at least according to his own wisdom.

That doesn’t seem to be the case with Vietnam– which also claims parts of the waterway.

And it has a strong ally on its side: the US, which has been trying to enforce the freedom of navigation in the South China Sea, and save peace, too!

So far, financial markets in the region do not seem that concerned, at least for now. Instead, they have been focusing on the economic fundamentals rather than the geopolitics of the region; and on the rising interest rates in the US.

But things may change in the future, as an escalation of South China Sea disputes could add to investor anxieties fueled by the US-China trade war.

https://www.forbes.com/sites/panosm...H-9_pds0mj-uqel28y9EhHaEIwzEk9I0#21651741149b

 

[zectech]

China should create a national fund to invest in Chinese stocks. When Chinese stocks are hit 5% in one day or one week, they buy the lows in the tune of 50 Billion USD. And then buy more later if it really goes down 100 or 200 B in purchases.

This is as or more important than belt and road.

Before they do this, say and order that short selling is not allowed in Chinese markets. You will get all the zionist claws on Chinese companies to dump their long positions in China, which will be bought up cheap by Chinese investment funds.

If China owns trillions in PMs, currency swaps are not needed and confidence supposedly created by foreign investment is not needed. Owning tens of trillions of yuan in gold creates that confidence.

 

[khansaheeb]

Pact of Hyenas plotting against a lion? Lol, they will get mauled.

 

[Viva_Viet]

In the South China Sea disputes, Vietnam dares to do what the Philippines didn’t: challenge China’s mission to turn the vast waterway into its own sea.

That’s according to a recent Reuters report, which claims that Vietnam is pushing for a pact that will outlaw many of China’s ongoing activities in the South China Sea. Like the building of artificial islands, blockades and offensive weaponry such as missile deployments; and the Air Defence Identification Zone—a conduct code China initiated back in 2013.

This isn’t the first time Hanoi is challenging China’s claims in the South China Sea. Back in July of 2017, Vietnam granted Indian oil firm ONGC Videsh a two-year extension to explore oil block 128, according to another Reuters report.

And that’s something Beijing loudly opposed.

In recent years, China has considered the South China Sea its own. All of it, including the artificial islands Beijing has been building in disputed waters, and the economic resources that are hidden below the vast sea area. And it is determined to use its old and new naval powers to make sure that no other country reaches for these resources without its permission.

Philippines President Rodrigo Duterte understands Beijing’s determination very well. Back in April of 2018 he reversed his earlier decision to raise the Philippine flag in disputed islands, following Beijing’s “friendly” advice.

A year before that incident, the Philippines and its close ally, the U.S., won an international arbitration ruling that China has no historic title over the waters of the South China Sea. Yet Duterte didn’t dare enforce it. Instead, hesided with Beijing on the dispute, and sought a “divorce” from the U.S.

Duterte’s flip-flops saved peace in the South China Sea by changing the rules of the game for China and the US, at least according to his own wisdom.

That doesn’t seem to be the case with Vietnam– which also claims parts of the waterway.

And it has a strong ally on its side: the US, which has been trying to enforce the freedom of navigation in the South China Sea, and save peace, too!

So far, financial markets in the region do not seem that concerned, at least for now. Instead, they have been focusing on the economic fundamentals rather than the geopolitics of the region; and on the rising interest rates in the US.

But things may change in the future, as an escalation of South China Sea disputes could add to investor anxieties fueled by the US-China trade war.

https://www.forbes.com/sites/panosm...H-9_pds0mj-uqel28y9EhHaEIwzEk9I0#21651741149b

CN only control 10-12 % SCS(east VN sea) while VN control 60%

 

[lonelyman]

CN only control 10-12 % SCS(east VN sea) while VN control 60%

Because you stole from us, without your daddy USA protection, we will take back all the islands you stole one single day.

Be patient, USA days in west pacific is numbered

 

[KAL-EL]

CN only control 10-12 % SCS(east VN sea) while VN control 60%

60%? Really?

 

[Jlaw]

60%? Really?

Now you know Vietnamese are the real thieves

 

[Viva_Viet]

60%? Really?

Google and check SCS (east VN sea) map bro.

PLA is stupid, corrupted, thats why CN leader Deng had to lick US-JP's azz for support to stop VN expandsion in 1979.

 

[Kyle Sun]

Google and check SCS (east VN sea) map bro.

PLA is stupid, corrupted, thats why CN leader Deng had to lick US-JP's azz for support to stop VN expandsion in 1979.

The third military power of this planet.

 

[BringHarmony]

China should create a national fund to invest in Chinese stocks. When Chinese stocks are hit 5% in one day or one week, they buy the lows in the tune of 50 Billion USD. And then buy more later if it really goes down 100 or 200 B in purchases.

You know as they say, money does not grow on tree.

 

[rott]

Google and check SCS (east VN sea) map bro.

PLA is stupid, corrupted, thats why CN leader Deng had to lick US-JP's azz for support to stop VN expandsion in 1979.

We can even trace your tongue's DNA on Americans' butts. We all know the intense *** licking by Viets.

 

[Kyle Sun]

We can even trace your tongue's DNA on Americans' butts. We all know the intense *** licking by Viets.

Viets want to eat the Yankee's out!

 

[qwerrty]

so stronk, but china only need to send just one oil rig to their water and they will start burning their country to the ground again

 

[BringHarmony]

so stronk, but china only need to send just one oil rig to their water and they will start burning their country to the ground again

You are forgetting this is the country that brough America to its knees. Chinese are not even a fighting fit nation.

 

[Beast]

In the South China Sea disputes, Vietnam dares to do what the Philippines didn’t: challenge China’s mission to turn the vast waterway into its own sea.

That’s according to a recent Reuters report, which claims that Vietnam is pushing for a pact that will outlaw many of China’s ongoing activities in the South China Sea. Like the building of artificial islands, blockades and offensive weaponry such as missile deployments; and the Air Defence Identification Zone—a conduct code China initiated back in 2013.

This isn’t the first time Hanoi is challenging China’s claims in the South China Sea. Back in July of 2017, Vietnam granted Indian oil firm ONGC Videsh a two-year extension to explore oil block 128, according to another Reuters report.

And that’s something Beijing loudly opposed.

In recent years, China has considered the South China Sea its own. All of it, including the artificial islands Beijing has been building in disputed waters, and the economic resources that are hidden below the vast sea area. And it is determined to use its old and new naval powers to make sure that no other country reaches for these resources without its permission.

Philippines President Rodrigo Duterte understands Beijing’s determination very well. Back in April of 2018 he reversed his earlier decision to raise the Philippine flag in disputed islands, following Beijing’s “friendly” advice.

A year before that incident, the Philippines and its close ally, the U.S., won an international arbitration ruling that China has no historic title over the waters of the South China Sea. Yet Duterte didn’t dare enforce it. Instead, hesided with Beijing on the dispute, and sought a “divorce” from the U.S.

Duterte’s flip-flops saved peace in the South China Sea by changing the rules of the game for China and the US, at least according to his own wisdom.

That doesn’t seem to be the case with Vietnam– which also claims parts of the waterway.

And it has a strong ally on its side: the US, which has been trying to enforce the freedom of navigation in the South China Sea, and save peace, too!

So far, financial markets in the region do not seem that concerned, at least for now. Instead, they have been focusing on the economic fundamentals rather than the geopolitics of the region; and on the rising interest rates in the US.

But things may change in the future, as an escalation of South China Sea disputes could add to investor anxieties fueled by the US-China trade war.

https://www.forbes.com/sites/panosm...H-9_pds0mj-uqel28y9EhHaEIwzEk9I0#21651741149b

Typical Forbes article , Vietnam actually tone down it's sharp stance on China on SCS issue. It may raise law or state regulation but hardly enforce in SCS against China. It still has close trade with China and award many infrastructure project to China companies. Vietnam know US will encourage them to provoke but never take real action to help Vietnam. Vietnam is still wary of the old US in Vietnam war. They cannot be trusted.