After the Philippines filed a case in The Hague-based Permanent Court of Arbitration against China in the South China Sea dispute, Beijing has made it clear that it would neither participate in nor accept the ruling of the arbitral tribunal.

The dispute over the South China Sea was a small but very important segment of the quest for global dominance, said Ante Simonic, former Croatian ambassador to China.

"There is a new world order in the making and the center of tectonic movements are Asia and Pacific region. With all the regional disagreements and differences, there are opposed interests of the United States, the only superpower in the world and the global policeman, on the one side, the regional power China, on the other," he said.

"This dangerously tense and complex situation threatened not only safety of an extremely important maritime corridor but the peace and prosperity in the region, even the whole world," he said, "Therefore, all sides have to act in a wise, responsible and patient manner and gradually find a fair and long-term sustainable solution."