Has the fear been fully priced in though??
Historically speaking, there has been plenty of tension between these two countries. China still hates the fact they had their butts whipped in 1979, which was the last major Chinese military incursion into Vietnam.
Interestingly, in 2012, China imposed tourism bans upon the Philippines over similar South China Sea disputes (in this particular instance it was disputed fishing territories). And to my knowledge, this ban is still in place.
Not sure how healthy those DNA Cash Flows would look, should the Chinese authorities elect to impose similar sanctions ...
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