China’s claims within the South China Sea, a conduit for $3 trillion in annual ship-borne commerce, overlap with the unique financial zones of Brunei, Indonesia, Malaysia, the Philippines and Vietnam.
A 2016 ruling of a global arbitral tribunal voided Beijing’s sweeping claims as having no foundation in worldwide regulation, a call China rejects.
(Reporting by Joe Money in Beijing and Mikhail Flores in Manila; Enhancing by Clarence Fernandez)
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