Just Earth News | @justearthnews | 19 Aug 2021, 09:44 am Print
South China Sea Image: Pixabay
The Chinese government has now started building up its defences in the South China Sea to ward off any attack on the disputed waters which they claim to own.
But associate Fellow with the Asia-Pacific Programme at Chatham House, Bill Hayton, says tensions in the disputed water can have "major economic implications"
Speaking to Express.co.uk, Hayton said: "Tensions there would echo right around the world because China is the world's second-biggest economy and Japan is the third."
Hayton said: "Then you've got Korea and Taiwan plus the southeast Asian countries."
"You've got a huge amount of trade crossing the South China Sea, some estimates say around $3.5trillion a year goes through it," Hayton said.
China has been engaged in territorial disputes with several nations in the past several weeks.
- Middle East on edge: US hits Iran, Tehran claims major retaliatory missile attack
- Lake Ontario is now ‘Lake America’ on Google Maps in US: What Canadian users see
- Street named after Trump in Canada could be renamed ‘Taco Avenue’ amid tariff war
- Berlin Cyberattack: Hackers steal sensitive data, city refuses to pay ransom
- Raksha Bandhan in New York: Mayor Mamdani joins Indian seniors, shares heartfelt message
