China vs USA WW3 South China Sea

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. outh China Sea have been created artificially and are linked to the interference of states outside the region, Russian Ambassador to Beijing Andrey Denisov said in an interview with Russian journalists on Tuesday."If not accusations then at least suspicions against China voiced by some world capitals regarding restrictions if not say a threat for the freedom of navigation, according to Russian experts, are artificial and have no relation to reality,









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