Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

July 12 (Bloomberg) -- U.S. Secretary of State Hillary Clinton suggested joint development of energy resources in disputed waters of the South China Sea in an approach that contrasts with that of China.

She urged the 10-member Association of Southeast Asian Nations and China to consider cooperative arrangements to exploit hydrocarbon resources in the waters. The decision-making process would be collaborative instead of dominated by China alone, according to a U.S. official who was not authorized to speak publicly on the issue.

Measures “could include equitable joint exploration and exploitation arrangements in areas of unresolved territorial sovereignty,” Clinton said in comments to a regional security summit. “The goal should be to find creative ways to provide an endowment for future generations and to avoid unnecessary conflict.”

China and four Asean nations have competing claims in the South China Sea. Vietnam and the Philippines reject China’s map of the waters as a basis for joint development.

To contact the reporter on this story: Nicole Gaouette in Phnom Penh at

To contact the editor responsible for this story: John Brinsley at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.