Through this crowded waterway passes roughly one-third of the world’s international shipping, worth some $5 trillion per year. From its fertile fisheries comes approximately 10 percent of the world’s annual catch. The sea is the lifeline of multiple major economies, including China, Japan, South Korea, Taiwan, Indonesia, Malaysia, the Philippines and Singapore. At its eastern edge, the sea connects Asia to the Americas; at its western edge, to the Middle East and Europe. Daniel Yergin, author of “The New Map” — a tour de force of geopolitical understanding — sums it up thus: “Those waters are … fraught with risk.”
The Link LonkMay 08, 2021 at 03:13AM
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In the South China Sea, Beijing’s claims to power signal danger ahead - The Washington Post
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