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	<title>Chinese claim to South China Sea Archives - Politact</title>
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		<title>The South China Sea Oil Bonanza</title>
		<link>https://politact.com/the-south-china-sea-oil-bonanza/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Tue, 19 Apr 2011 18:18:55 +0000</pubDate>
				<category><![CDATA[Issue Brief]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Chinese claim to South China Sea]]></category>
		<category><![CDATA[Geopolitics of Asia Pacific]]></category>
		<category><![CDATA[Naval tussles in the Asia Pacific]]></category>
		<category><![CDATA[South China Sea Islands]]></category>
		<category><![CDATA[US China relations]]></category>
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					<description><![CDATA[<p><img width="192" height="192" src="https://politact.com/wp-content/uploads/2016/06/19-04-2011_South-China-Sea.jpg" class="attachment-large size-large wp-post-image" alt="" style="float:left; margin:0 15px 15px 0;" decoding="async" srcset="https://politact.com/wp-content/uploads/2016/06/19-04-2011_South-China-Sea.jpg 192w, https://politact.com/wp-content/uploads/2016/06/19-04-2011_South-China-Sea-100x100.jpg 100w, https://politact.com/wp-content/uploads/2016/06/19-04-2011_South-China-Sea-150x150.jpg 150w" sizes="(max-width: 192px) 100vw, 192px" />Context Speaking at a press conference, China’s Foreign Ministry spokesperson Hong Lei reaffirmed that China has unquestionable sovereignty over the islands in the South China Sea and adjacent waters. The area has abundant natural gas and oil reserves, and some neighboring nations have their eyes set on the resources there. As part of a strategy [&#8230;]</p>
<p>The post <a href="https://politact.com/the-south-china-sea-oil-bonanza/">The South China Sea Oil Bonanza</a> appeared first on <a href="https://politact.com">Politact</a>.</p>
]]></description>
										<content:encoded><![CDATA[<img width="192" height="192" src="https://politact.com/wp-content/uploads/2016/06/19-04-2011_South-China-Sea.jpg" class="attachment-large size-large wp-post-image" alt="" style="float:left; margin:0 15px 15px 0;" decoding="async" srcset="https://politact.com/wp-content/uploads/2016/06/19-04-2011_South-China-Sea.jpg 192w, https://politact.com/wp-content/uploads/2016/06/19-04-2011_South-China-Sea-100x100.jpg 100w, https://politact.com/wp-content/uploads/2016/06/19-04-2011_South-China-Sea-150x150.jpg 150w" sizes="(max-width: 192px) 100vw, 192px" /><p><strong>Context</strong><br />
<span style="font-size: 10px;"><span style="font-family: Arial;"><img decoding="async" class="alignleft" src="https://www.politact.com/images/stories/19-04-2011_South%20China%20Sea.jpg" alt="" width="192" height="192" align="left" /></span></span>Speaking at a press conference, China’s Foreign Ministry spokesperson Hong Lei reaffirmed that China has unquestionable sovereignty over the islands in the South China Sea and adjacent waters. The area has abundant natural gas and oil reserves, and some neighboring nations have their eyes set on the resources there. As part of a strategy to increase the utilization of underwater resources, China has intensified efforts in natural gas and oil mining in these areas, but the overall level of production and investment is considerably lower than those of surrounding countries like the Philippines and Vietnam. Even though the Chinese government has boosted exploration in these areas in an attempt to reduce China’s reliance on imported oil, technical limitations and ongoing exploration from other nations which disregard China’s claims over the area are obstructing the ambitious initiative.</p>
<p><span style="font-size: 10px;"><span style="font-family: Arial;"> </span></span></p>
<p>The post <a href="https://politact.com/the-south-china-sea-oil-bonanza/">The South China Sea Oil Bonanza</a> appeared first on <a href="https://politact.com">Politact</a>.</p>
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