Geo-Strategic Trend - 192. page
People’s Daily: Radical Opposition Groups are the Major Roadblock to Democracy in Hong Kong
Yellow Book: India and Pakistan Top Picks for the Expansion of the Shanghai Cooperation Organization
Huanqiu: War and Sanctions Would Only Exacerbate the Crisis in Ukraine
WANG Haiyun, Vice President of the China Research Association of the History of Sino-Russian Relations, wrote an article commenting on the current Ukraine crisis. Huanqiu (Global Times) published the article and it was reposted on the Xinhua website. Wang stated that Russia will not bow to the pressure from the West and that the U.S. is the barrier that keeps China from offering help to resolve the crisis.
Security Times: Breakthroughs in China’s Diplomacy on Finance
China Economic Times: Wield the Carrot and the Stick in South China Sea Oil Development
On August 27, an official from the China Petroleum Enterprise Association published an article on China Economic Times titled, “(China) needs to wield both the carrot and the stick in South China Sea oil development.” In May of 2014, in order to perform oil and gas exploration, China, for the first time, moved its giant oil rig into the South China Sea. The placement was 120 miles from Vietnam’s shore and was within Vietnam’s continental shelf and its Exclusive Economic Zone (EEZ). In the middle of July, China moved its oil rig out of the area. The China Petroleum Enterprise Association official stated in his article that the aggressive and victorious “move in” and “move out” was a declaration of China’s “oath.” That is, China made the statement, “I have the sovereignty.” “This is my place. … I have my reasons for coming and going. Others have no right to point fingers or make any irresponsible remarks.”
The article concluded that, when facing such a complicated dispute, China can, while wielding the stick, also offer some carrots. That is, we can hide our capabilities and bide our time. Using the premise that we have sovereignty over the South China Sea, when we take the initiative to do self-development, China does not need to exclude others from joining us for co-development. By offering opportunities for cooperation, China can force the opponent back to the negotiating table and eventually realize joint development. In some highly disputed areas in the South China sea, China can unite foreign oil companies for co-development. If the conditions permit, China should actively push forward joint venture development between China’s state-owned oil companies and Taiwanese oil companies.
Source: China Economic Times, August 26, 2014
http://www.cet.com.cn/ycpd/sdyd/1291751.shtml