The Philippines, Malaysia, Taiwan, and Vietnam have rejected China's map, claiming sovereignty over the South China Sea, calling China to respect international law and a previous arbitration ruling. China's map includes a U-shaped line covering 90% of the sea, which overlaps with the exclusive economic zones of several countries. Malaysia has filed a diplomatic protest over the map. China claims that the line is based on historical claims but it is unclear if it represents any new territorial claims.
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00:00 It's Benzinga and here's what's on the block.
00:02 The Philippines, Malaysia, Taiwan and Vietnam have rejected China's map claiming sovereignty
00:07 over the South China Sea, calling on China to respect international law in a previous
00:11 arbitration ruling.
00:13 China's map includes a U-shaped line covering 90% of the sea, which overlaps with the exclusive
00:18 economic zones of several countries.
00:21 Malaysia has filed a diplomatic protest over the map.
00:24 China claims that the line is based on historical claims, but it is unclear if it represents
00:28 any new territorial claims.
00:30 For all things money, visit Benzinga.com.
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