The Conflict between China and Vietnam Over Territory

My article summarizes the fact that as a result of the conflict between China and Vietnam over territory, the anti-Chinese protests intensify. This is displayed as the protesters torch factories in a Vietnamese industrial park. The article, Protestors torch factories in southern Vietnam as China protests escalate, was written on May 15th, 2014 by Euan McKirdy. As per reports, a variety of properties were damaged by the furious mob, but the main target were the factories owned by Chinese firms. The dispute started over the implementation of oil rigs in waters that both countries claim as their own territory. Surprisingly, throughout this act of violence the police and the government both didn’t respond to this situation as they believe nothing could’ve been accomplished with them. These protests caused negative externalities as the factors of production were affected. For instance, the labor force had to evacuate to avoid being injured. Also, the buildings have been dest royed amidst the protests as they are either partially or fully damaged. Apart from that, their foreign relation with Singapore has been impacted by an economic standpoint as the government has been informed that their company among others has been broken into as well as set on fire. Moreover, they demanded Vietnam to revive order before it gets worse and the financials of foreign countries gets impacted. This protests has been the largest the country has seen in many years. The protests are viewed asShow MoreRelatedCompeting Claims. The Disputes In The Scs Have Evolved1709 Words   |  7 PagesCompeting Claims The disputes in the SCS have evolved over decades and engage multiple regional states that have territorial claims in the South China Sea including China, Vietnam, the Philippines, Brunei, Malaysia, and Taiwan. 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