South China Sea

WW3 USA vs CHINA South China Sea Dollar Collapse World War 3 New Video

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• published: 06 Sep 2016
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WW3 USA vs CHINA South China Sea Dollar Collapse World War 3 New Video The conflict is routed in history. Many Chinese view the South China Sea as their territory, because Chinese emperors claimed the body of water as part of their empire. During the 19th and 20th centuries, the Chinese felt humiliated when British, Japanese and American navies took control of the South China Sea. Some Chinese patriots view the reoccupation of the South China Sea as the beginning of the rise of their nation to superpower status. Part of this worldview is the belief that China will one day supplant America as the world’s dominant power.The US Navy is patrolling in the area, increasing the possibility of conflict. . US dollar is great for America. However, it in the short-term it will not only negatively affect earnings, but also place extreme duress on the over $9 trillion worth of debt borrowed by non-financial companies outside of the United States.Iran sanctions to be lifted Saturday Recent data confirms that the US is currently in a manufacturing marked the fifth straight month this index was in decline.Dollar No Longer Reserve Currency,for November signaling contraction.fractional increase from last month’s 6, signaling a decline in activity and registering close to the lowest levels since 2009.points to 3 from last month’s. The Asian Infrastructure Investment Bank the first multilateral financial institution launched by China, will open for business on.AIIB The new lending institution’s inauguration ceremony will be held in Beijing.The bank was formally established at the end of 2015 with 57 countries agreeing to be members, 19 of which are Asian. The first batch of loans is expected to be approved by the middle of this year, reported People’s Daily, the official newspaper of the.The AIIBs mandate will be to fund projects both inside and outside of Asian countries will billion to invest in infrastructure construction every year, according to data from the Asian Development Bank. However, current international financial institutions such as the World Bank and the ADB will have a hard time meeting the huge demand for infrastructure investment, said the paper.In an exclusive interview Foundation, said that Indonesia is in urgent need of a partner such as the AIIB, and he believes the AIIB will contribute heavily to new construction and stimulate the. ringed by southern China, Taiwan, the Philippines, Borneo island, and mainland Southeast Asia.Most of its hundreds of small islands, islets and rocks were originally uninhabited. The Paracel and Spratly chains contain the biggest islands. Scarborough Shoal is a small outcrop in the east. Significance The sea is the main maritime link between the Pacific and Indian oceans, giving it enormous trade and military value. Its shipping lanes connect East Asia with Europe and the Middle East. Over $5 trillion in ship-borne trade passes through the sea annually.Major unexploited oil and gas deposits are believed to lie under the seabed.The sea is home to some of the world's biggest coral reefs and, with marine life being depleted close to coasts, it is important as a source of fish to feed growing populations.Claimants China and Taiwan both claim nearly all of the sea, while Vietnam, the Philippines, Malaysia and Brunei each have overlapping claims to parts of it. Beijing's argument is based largely on Chinese maps dating back to the 1940s with a "nine-dashed line" that approaches the coasts of other countries.Beijing and most other countries know it as the South China Sea. Hanoi calls it the East Sea and Manila officially refers to it as the West Philippine Sea.