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Re(3): U.S./China Competition in the East/South China Sea

John,
I think our efforts are aimed primarily at preventing China from achieving total dominance over our friends and allies in the area; e.g, the Philippines, South Vietnam, Japan, etc..
The below-linked article discusses the strategic importance of the South China Sea; one of the most important elements of which is the fact that one third of the world's shipping passes through the South China Sea.

The Strategic Importance of the South China Sea

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