Tensions Escalate as Chinese and Philippine Ships Clash in South China Sea

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Source: Yahoo Finance
TL;DR Summary

Chinese and Philippine ships have engaged in another confrontation near a grounded warship in the South China Sea. The Philippines was on a resupply mission to the warship when Chinese coastguard ships used water cannon on a Philippine vessel. China claims sovereignty over the atoll, while the Philippines condemns the "illegal" actions of the Chinese vessels. Tensions have been escalating between Beijing and Manila over the Second Thomas Shoal, which is controlled by the Philippines but also claimed by China, Taiwan, and Vietnam.

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