Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

UPDATE 3-Chinese ship back in waters off Vietnam amid coronavirus 'distraction'

Published 04/14/2020, 02:04 PM
Updated 04/15/2020, 05:30 PM

(Updates with comment from Chinese foreign ministry, paragraphs
6,7,12)
By Khanh Vu and James Pearson
HANOI, April 14 (Reuters) - A Chinese ship embroiled in a
standoff with Vietnamese vessels last year has returned to
waters near Vietnam as the United States accused China of
pushing its presence in the South China Sea while other
claimants are pre-occupied with the coronavirus.
Vietnamese vessels last year spent months shadowing the
Chinese Haiyang Dizhi 8 survey vessel in resource-rich waters
that are a potential global flashpoint as the United States
challenges China's sweeping maritime claims.
On Tuesday, the ship, which is used for offshore seismic
surveys, appeared again 158 km (98 miles) off Vietnam's coast,
within its exclusive economic zone (EEZ), flanked by at least
one China Coast Guard vessel, according to data from Marine
Traffic, a website that tracks shipping.
At least three Vietnamese vessels were moving with the
Chinese ship, according to data issued by the Marine Traffic
site.
Vietnam was closely monitoring activity in the South China
Sea, its Ministry of Foreign Affairs said.
China's foreign ministry said the ship was not doing
anything unusual.
"The Chinese survey ship was conducting normal activities in
waters administered by China," ministry spokesman Zhao Lijian
told a daily news briefing in Beijing on Wednesday.
The presence of the Haiyang Dizhi 8 in Vietnam's EEZ comes
towards the scheduled end of a 15-day nationwide lockdown in
Vietnam aimed at curbing the spread of the coronavirus.
It also follows the sinking of a Vietnamese fishing boat
near islands in the disputed waters this month, an act that drew
a protest from Vietnam and accusations that China had violated
its sovereignty and threatened the lives of its fishermen.

The United States, which last month sent an aircraft carrier
to the central Vietnamese port of Danang, said it was "seriously
concerned" about China's reported sinking of the vessel.
"We call on the PRC to remain focused on supporting
international efforts to combat the global pandemic, and to stop
exploiting the distraction or vulnerability of other states to
expand its unlawful claims in the South China Sea," the U.S.
State Department said in a statement, referring to China.
But Zhao said some U.S. officials had been using the South
China Sea issue to smear China.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

'BASELESS'
The Philippines, which also has disputed claims in the South
China Sea, has raised its concerns too.
On Saturday, China's Global Times, published by the official
People's Daily newspaper of China's ruling Communist Party, said
Vietnam had used the fishing boat incident to distract from its
"ineptitude" in handling the coronavirus.
Helped by a mass quarantine and aggressive contact-tracing,
Vietnam has recorded 267 cases of the novel coronavirus and no
deaths. Nearly 122,000 coronavirus tests have been carried out
in Vietnam. China and Vietnam have for years been at loggerheads over
the potentially energy-rich waters, called the East Sea by
Vietnam.
China's U-shaped "nine-dash line" on its maps marks a vast
expanse of the waters that it claims, including large parts of
Vietnam's continental shelf where it has awarded oil
concessions. Malaysia and Brunei claim some of the waters that
China claims to the south.
During the standoff last year, at least one China Coast
Guard vessel spent weeks in waters close to an oil rig in a
Vietnamese oil block, operated by Russia's Rosneft ROSN.MM ,
while the Haiyang Dizhi 8 conducted suspected oil exploration
surveys in large expanses of Vietnam's EEZ.
"The deployment of the vessel is Beijing's move to once
again baselessly assert its sovereignty in the South China Sea,"
said Ha Hoang Hop, at the Singapore-based ISEAS-Yusof Ishak
Institute.
"China is using the coronavirus distraction to increase its
assertiveness in the South China Sea, at a time when the U.S.
and Europe are struggling to cope with the new coronavirus."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.