Korea, China, Japan in race over continental shelves
Jul 10, 2012
Three neighbors jockeying for control of huge oil, gas, mineral reserves in East China SeaThe East China Sea has been contested for decades by South Korea, China and Japan, all seeking to tap huge oil, gas and mineral reserves believed be buried under the seabed. With their extended continental shelves overlapping in the northeastern part of the ocean, the Asian powers are laying formal claims with a U.N. body in charge of sea shelf carve-up.The three-way jousting recently took a twist. Seoul an