Clinton: If we were China, Pacific would be “American Sea”

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From SCMP:

US presidential hopeful Hillary Clinton has said the US could claim the Pacific Ocean as an “American Sea” if China claims all of the South China Sea, according to excerpts of her speech contained in hacked emails revealed by WikiLeaks.

In a speech the Democratic candidate gave to bankers from Goldman Sachs in October 2013, she said the Chinese “have a right to assert themselves” in the South China Sea but the US needed to “push back” to keep Beijing from getting a “chokehold over world trade”.

“You can’t hold that against them. They have the right to assert themselves,” Clinton said in the speech.

“But if nobody’s there to push back to create a balance, then they’re going to have a chokehold on the sea lanes and also on the countries that border the South China Sea.”

In the speech given eight months after her resignation as US secretary of state, Clinton reportedly told the audience that China “basically wants to control” all of the South China Sea, which includes the world’s busiest trade routes.

She said that “48 per cent of the world’s trade, obviously that includes energy but includes everything else, goes through the South China Sea”.

Nicely put.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.