Disputes that China has with its neighbors, Vetnam among them, ad centering on China’s so-called 9-dash line that cuts through disputed territories along the South China Sea. Tat 9-dash line, mreover, i a unilateral claim by China that basically carves the South China Sea as Chinese territory, smething that Vietnam and its neighbors in the region have been disputing with much bitterness. Tis is a major current event because of its potential to spark unrest and violence, a evidenced by the incidents outlined above. Iternally too, te incident Chinese oil rig touched off a political and social dynamic within Vietnam that related to the way the Vietnamese authorities viewed its maritime and territorial boundaries.
Te territorial aspects of the dispute between the two countries, mreover, ae complicated by long-standing trade relations between China and Vietnam, wth China being a top trade partner for the country, ad the Chinese having substantial investments in Vietnam. Tose investments were imperilled by the China’s placement of the oil rig in disputed waters (Ransom; Vving; Tayer). Aother top current event in Vietnam partial lifting of an arms embargo by the United States, wth limitations that the lifting applies to equipment for maritime purposes only.
Aain tied to its maritime territorial disputes with China and the incident of the oil rig and what it reflects about China’s increased level of assertiveness with regard to its claims on the South China Sea. Wile the United States is quick to point out that the lifting of the maritime arms embargo is not related to Vietnam’s disputes with China, te timing of the lifting that coincides with the recent tussle between Vietnam and China, ad just follows the easing of the level of tensions between the two with the withdrawal of the oil rig from Vietnamese-claimed waters, a earlier discussed.
Mreover, i is important to note that while Vietnam and China share a substantial common border, te embargo lifting only applies to sea-based equipment, ad not to land-based arms. Tis limits the scope of the embargo lifting to the current scope of the territorial tiff between the two Asian nations (Wroughton and Grdon; Hltz).
top current event still involves Vietnam’s relations with China, bt this time from the perspective of trade and finance. Te latest development in economic relations between the two countries relate to the way. ..
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