GeographyNote: about 50 small islands or reefs are occupied by China, Malaysia, the Philippines, Taiwan, and Vietnam
Economy overview: Economic activity is limited to commercial fishing. The proximity to nearby oil- and gas-producing sedimentary basins suggests the potential for oil and gas deposits, but the region is largely unexplored, and there are no reliable estimates of potential reserves; commercial exploitation has yet to be developed.
Disputes international: all of the Spratly Islands are claimed by China, Taiwan, and Vietnam; parts of them are claimed by Malaysia and the Philippines; in 1984, Brunei established an exclusive economic zone, which encompasses Louisa Reef, but has not publicly claimed the island