The South China Sea has returned to the geopolitical spotlight, eclipsing the Taiwan Straits as the region's most volatile flashpoint.
But quite unlike the Taiwan or the associated Quemoy/Matsu dispute, the South China Sea's claimant nations are at least as interested in developing the region's economic potential as they are in asserting sovereignty and building military bases.
This opens a window to resolving the dispute in a way that looks beyond the traditional frame of sovereignty and towards a win-win economic benefit.