India: China understands ‘economics’ of tension in South China Sea

File photo of a Chinese Coast Guard vessel passing near the Chinese oil rig Haiyang Shi You 981 in the South China SeaSINGAPORE: ┬áIndia’s defense minister says it’s in China’s economics interest to reduce tensions in the South China Sea, where Beijing is embroiled in territorial disputes with various governments.
Manohar Parrikar told an international security conference Saturday that understanding each other’s perspectives and increasing trust between stakeholders will reduce tensions. His Japanese counterpart also emphasized that peace will lead to prosperity.

“It is ultimately economics,” Parrikar said. “If you have an unstable region like what we have in the Middle East, I don’t think economics and prosperity will really (be) enhanced.”

Japan’s Defense Minister Gen Nakatani said it was “getting increasingly important for all nations in the region to establish the order based on the rule of the law.” – From Associated Press

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