Tag Archives: Economy

South China Sea tensions deter oil exploration

An energy analyst said exploring for oil and gas near disputed islands in the South China Sea is too much of a gamble for international energy companies because of the tensions in the region and unconfirmed estimates of the size of the oil and gas deposits. China has been reclaiming land and building port and […]

Beijing’s Belt and Road means overseas military bases

China’s ninth defense white paper published on May 26 openly declared that overseas military bases will be necessary to carry out the New Economic Silk Road Belt and the 21st Century Maritime Silk Road (“Belt and Road”) initiatives, according to Chinese political analyst Mao Yulin in an article for Duowei News, a media outlet operated […]

Russian Sanctions, China, and the Arctic

Russian Arctic offshore energy efforts are in a period of unwelcome pause, and the flight of Western companies in the face of sanctions imposed by their home countries has left the future of these efforts up in the air. But this state is unlikely to last for long. Western firms have left incredible opportunity in […]

MALAMPAYA TARGET NA NG CHINA? Featured

Ibinunyag ng isang mambabatas ang dahilan ng pagiging atat ng China para masakop ang iba’t ibang bahagi ng karagatang sakop ng teritoryo ng Pilipinas. Ayon kay dating Parañaque Rep. Roilo Golez, base sa impormasyong kanyang nakalap mula sa kanyang mga mapagkakatiwalaang sources, ang Malampaya natural gas facility sa Palawan ang target ng bansang China. Bunsod […]

The Great South China Sea Hydrocarbon Grab

In all of the struggles for territory in history, none has been quite as ambitious or unusual as a country trying to steal a whole ocean. But that is what China is actively doing in the ocean south of the mainland: the South China Sea. Bit by bit, it is establishing hegemony over this most […]

How to Steal the Sea, Chinese Style

In history, countries have sought to increase their territory by bribery, chicanery, coercion and outright force of arms. But while many have sought to dominate the seas, from the Greek city states to the mighty British Empire, none has ever, in effect, tried to take over an ocean or a sea as its own. But […]

China’s ‘10-dash line’ increases territory claims

As has been the case with many confrontations in history, aggressive countries draw proverbial lines in the sand to mark their own expansion plans against the resolve of other countries whose territories they covet. In the present day People’s Republic of China [PRC], however, it’s not a line in the sand but a “10-dash line” […]

China to step up oil, gas exploration at East, South China Seas

China aims to raise petroleum output by updating its technology and stepping up oil and gas exploration across Bohai, East China and South China Seas. The plan was outlined in an energy development scheme for 2014 to 2020 issued by the State Council on Wednesday. To accelerate offshore oil and natural gas exploration, China will […]

Does the US Have ‘Trump Cards’ Over China?

Although the war bugle has yet to be sounded, the increasingly confrontational tensions between China and the U.S. over a series of regional issues seem to indicate that both sides are trying to test the other’s red lines. Each side hopes to be able to lay significant strategic weights or threats on the other side […]

The Dangers of Economic Proximity with China

In a U.S.-China trade war, Taiwan faces the risk of getting caught up in the crossfire. As Taiwan’s legislature prepares to review the controversial Cross-Strait Services Trade Agreement with China next month, apprehensions over the island’s growing economic reliance on China continue to rise. A recent anti-dumping case initiated by a U.S. trade commission, and […]