This paper examines why there is no multinational regime governing resource extraction in the East China Sea. After comparing the East China Sea case with the partially successful regime governing Caspian Sea resources, we suggest two explanatory variables: relative power relations and trust factors.
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Errata: In the September/October 2016 issue (volume 56 number 5, pages 836 and 849), there was a technical printing error in Figures 1b and 2 of the article by Ajay Raina that resulted in a loss of data on the graphs. This online article contains the restored figures in their original, correct state. The error is regretted.