China sets up South China Sea environment protection fund

China has set up a 15 million yuan (1.7 million pounds) environmental protection fund for the South China Sea having already spent double that in the past four years, the Xinhua state news agency said on Monday. The Permanent Court of Arbitration in The Hague ruled this month that China did not have historic rights to the South China Sea and it criticised environmental destruction in the waters. China rejected the ruling and refused to participate in the case.