Monday, October 7, 2013
Two years earlier, the then U.N. Economic Commission for Asia and the Far East compiled a report identifying possible undersea oil reserves near the islands.
The report is believed to have spurred China to assert its claim over the islands. In 1992 China passed the “territorial water law” and unilaterally added the islands to its territories.
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Comment: Can you say "piracy?" Sure, I knew you could!