Banking services chronicle e magazine

 Banking services chronicle e magazine

Bankingservices chronicle e magazine Published Early in the last December the crew of the United States Coast Guard Cutter Myrtle Hazard sailed through the night anchored off the Pacific island nation of Palau and boarded a group of Chinese boats to help seize tens of thousands of dollars worth of sea cucumber that had allegedly been harvested illegally.The fastresponse cutter operating around 6600 miles from the continental United States and roughly 750 miles from its home port in the U.S. territory of Guam is part of the Coast Guards newest growth area helping counter Chinas growing naval power in the Pacific.Bankingservice chronicle China has used coordinated action by its fishing fleets coast guard and navy to establish its presence in the South China Sea.  increasingly has a presence in the South and Central Pacific. Chinese fishing fleets have shown up in force around island nations like the Republic of Kiribati and Tuvalu some of the richest tuna fisheries in the world and Chinas navy has established itself in the area including with a stopover by warships in Sydney in 2019 and visits by a naval hospital ship to Fiji in 2018 banking service chronicle magazine.