Originally produced on June 6, 2016 for Mauldin Economics, LLC
The Chinese have a strategic problem in the South and East China seas. China is obviously interested in what happens in these waters. There is much speculation as to why the level of interest is so high.
The answer is simple: China wants to keep foreign powers away from its coast and away from waters vital to its global trade routes.
China’s greatest threat in these waters is the United States. Given the size of the US Navy and the location of the isl...
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