The South China Sea is one of the most hotly-contested and lucrative regions in the world.

In July, an international tribunal in The Hague ruled in a landmark case in favour of the Philippines, which rejected the Chinese claim to almost the entire South China Sea. China called the ruling ill-founded and non-binding.

As the row in the maritime area continues to heat up, will this lead to war? Or are claims of a possible conflagration exaggerated?

In this week's Arena, we debate the issue with Charles Liu, a senior fellow at the Peking University Centre on China and Global Affairs and the founder of Hao Capital, and Bonnie Glaser, a senior adviser for Asia and director of the China Power Project, at the Centre for Strategic and International Studies.

Editor's note: This interview was recorded before Philippines President Rodrigo Duterte announced the end of military cooperation with the United States on October 8, 2016.

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Source: Al Jazeera News