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A territorial dispute between China and the US-aligned Philippines is at increasingly high risk of escalating into a conflict involving the two superpowers, analysts have said, after Chinese coastguards used a water cannon on a Philippine boat. Global concern about China's naval activities is growing as the country expands and modernises its military, and shows increasing aggression in its claims over the South China Sea and Taiwan. Joint drills with Russia - during which a flotilla sailed near Alaska this weekend - have also heightened concern over military coordination between Beijing and Moscow. On Saturday, China's coastguard directed water cannon…
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