| Publication |
2014.
|
| Summary/Abstract |
Although their economy is increasingly dependent on maritime trade, China lacks the ability to protect its shipping-a dangerous reality should they find themselves in a major war at sea.
China's greatest strength is at the same time its greatest weakness. With the second largest global economy, about 60?70 percent of China's economic activity today is directly or indirectly linked to trade with other nations. 1 In 2011 85 percent of China's total trade was by sea. 2 In this regard, the country is increasingly dependent on maritime trade-and the security of its sea lanes-for its economic vitality, high standard of living, and military strength.
|