Sea Lanes

Unfortunately, Osama Bin Ladin, and these low grade conflicts, at the edge of the 'Middle East', are really, and have been for a long time now, geopolitical red herrings.

One of the bits of real geopolitical news went almost 'unnoticed' recently, when China declared that it was taking over the sealanes virtually from the Sea of Japan to the Indian Ocean.

Maybe I read this article wrong, and some astute analyst can clarify this bit of news for me.

Kind of puts what has been going on in the Middle east in the shade, so to speak.