Tensions are flaring once more in the South China Sea. Here’s why it matters for the world

2023-09-29 14

Tensions are flaring once more in the South China Sea. Here’s why it matters for the world.
Maritime disputes across the vast South China Sea have ratcheted up in recent years as an increasingly assertive China militarizes disputed islands and confronts its regional rivals over their competing claims in the strategically important and resource-rich waterway.
Bracketed by China and several Southeast Asian nations, parts of the vital economic passage are claimed by multiple governments, with Beijing asserting ownership over almost all of the waterway in defiance of an international court ruling.
Over the past two decades, China has occupied a number of obscure reefs and atolls far from its shoreline across the South China Sea, building up military installations, including runways and ports.
Competing claimants, such as the Philippines, say such actions infringe on their sovereignty and violate maritime law.
And the United States agrees, regularly sending its Navy destroyers on freedom of navigation operations close to contested islands, leading to fears that the South China Sea could become a flashpoint between the two superpowers.
Here’s what you should know.
Why does the South China Sea matter?
The 1.3-million-square-mile waterway is vital to international trade, with an estimated third of global shipping worth trillions of dollars passing through each year.
It’s also home to vast fertile fishing grounds upon which many lives and livelihoods depend.
Much of its economic value remains untapped, however. According to the US Energy Information Agency, the waterway holds at least 190 trillion cubic feet of natural gas and 11 billion barrels of oil.
Who controls those resources and how they are exploited could have a huge impact on the environment. The South China Sea is home to hundreds of largely uninhabited islands and coral atolls and diverse wildlife at risk from climate change and marine pollution.
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