THE NEXT OIL WAR
An increasingly assertive China has warned that World War 3 is "inevitable" unless the United States stops meddling in the South China Sea affairs. Earlier this week, the People's Liberation Army (PLA) said in a new white paper that it is going to up the ante in the South China Sea. In a sign of its growing self-confidence, Beijing said that it would now focus less on defensive capabilities, and step up efforts to build offensive capabilities.
China is aggressively building artificial islands in the disputed Spratly Islands. The construction includes runways and port facilities that could harbor military planes and warships. Islands in the region are also claimed by the Philippines,…
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