Malaysia defies China with offshore drilling, US think tank says

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Malaysia defies China with offshore drilling, US think tank says - Business Mirror

Quick Summary:

Malaysia is expanding oil and gas exploration in the disputed South China Sea despite pressure from Chinese vessels that have maintained a constant presence in waters where both sides have overlapping claims, according to a new report.

China has laid claim to a vast swath of the waters, based on a vague 1940s map that has broadly been rejected by other nations and a UN tribunal.

Stretching from the Chinese mainland and Taiwan down to Malaysia and Indonesia, the South China Sea is a critical artery for global trade, including about 37 percent of the world’s maritime crude.