Oct 30, 2015

On Oct. 27 the simmering waters of the South China Sea came to a slow boil. A U.S. Navy destroyer, the USS Lassen, conducted a freedom-of-navigation cruise within 12 nautical miles of a Chinese-built artificial island in the Spratly archipelago. The Chinese government vowed to “firmly react to this deliberate provocation.” Bloomberg Business Week economics editor Peter Coy argues that conflicting claims over the sea don’t have to degenerate into open hostility.