ASSESSMENTS

China's Energy Moves in the South China Sea

Jun 29, 2012 | 13:10 GMT

Two Chinese paramilitary guards watch as China National Offshore Oil Corp. (CNOOC)'s first independent deep-water oil drilling rig, leaves the port of Qingdao.
In this picture taken on May 21, 2012 two Chinese paramilitary guards watch as China National Offshore Oil Corp. (CNOOC)'s first independent deep-water oil drilling rig, leaves the port of Qingdao, east China's Shandong province.

(AFP/AFP/GettyImages)

China's efforts in the sea are likely to exacerbate regional competition for energy assets....

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