JOE WEISENTHAL
REUTERS/Kham
Protesters hold anti-China placards while marching in an anti-China protest on a street in Hanoi May 11, 2014. Hundreds rallied on Sunday in Vietnam's biggest cities to denounce China's setting up of a giant oil rig in the South China Sea, a rare protest likely to prolong a tense standoff between the two communist neighbours.
Territorial tensions in Asia continue to rise.
The latest: A Chinese ship has reportedly sunk a Vietnamese boat, reports the Nikkei.
A Chinese vessel rammed and sank a Vietnamese fishing boat off the coast of Vietnam on Monday afternoon, the first sinking of a ship in the conflict over disputed waters in the South China Sea.
The state-run Tuoi Tre newspaper reported the incident online. Chinese and Vietnamese ships have clashed repeatedly since Beijing pushed ahead with the installation of an oil rig early this month in waters claimed by Hanoi.
The recent tensions have ignited major anti-China protests in Vietnam.
Protests in Vietnam started peacefully in response to China's decision to put an oil rig in disputed territory. Since then they have turned deadly.
In addition to Vietnam, China has recently amped up territorial disputes with Japan and the Philippines.
Incidentally, there's a WSJ piece out this evening about Japanese PM Shinzo Abe, and his goals for a more assertive foreign policy, including more aide to Vietnam.
Business Insider
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