China rejects U.S. proposal on South China Sea region. Tensions heat-up over oil and natural gas reserves reports James Dean @ iHumanMedia.com.
Recently, China announced its first large-scale naval aircraft carrier and battle ship was set to launch.
The US has stepped up its rhetoric on the South China Sea following a series of maritime incidents between China and rival claimants, including Beijing’s positioning of an oil rig in waters also claimed by Vietnam which sparked deadly riots in the Southeast Asian nation.
Kerry on Saturday formally put forward Washington’s proposal to cool maritime tensions based on claimant states agreeing to step back from actions that could “complicate or escalate disputes”.
China’s claims in the sea, which lies on key shipping routes and is said to be rich in mineral and oil deposits, also conflict with the Brunei, Malaysia and Taiwan.