Brunei, Malaysia and Taiwan also claim all or part of the sea.China is hardly the only party with something to lose from a threat to shipping. Most commercial vessels in the South China Sea take raw materials to East Asia, with Malacca-Spratly traffic carrying largely crude oil, liquefied natural gas and iron ore, GlobalSecurity.org says. Japan, South Korea and Taiwan are the major takers of liquefied natural gas transported through the South China Sea.
China Watch: Not a Merry Time for Maritime
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.