John Fedup
The Bunker Group
I don't think its about oil/fish or other resource, its just bonus. China expansion is to increase its influence in the region and secure sea lane for themselves, similar to many other rising/established power in the past. They have vast trade route via ScS, indian ocean, Persian gulf, and Africa coast, ScS seem like 1st step to secure it and expand from it. They have money to buy all the oil/resource they want, especially US now has largest oil/gas reserve, so we import less from other countries.
China must think the resource potential and perceived influence increase is worthwhile but the negative for them is creating a unified opposition of all the players in or near the region including some of their friends. One has to wonder what's the point of securing trade routes if you turn most of your customers off. This seems to turning into a game of chicken and the outcome could have some terrible consequences.