There is a growing dispute over a set of islands that are located between China, Taiwan, and Japan. All three countries are putting a claim to the islands after the Japanese government offered to buy the islands. Their offer was sparked by Shintaro Ishihara who offered to buy the islands for 26 million dollars. The area of the islands is a mere 3 miles total area, but its abundant in natural resources and has a large fishing business involved in it. China and Japan are in the process of negotiating the ownership of these islands. Today Taiwanese boats entered the area which is being safe guarded by Japanese ships, putting their own claim to the islands as well. The Japanese ships fired warning shots at the ships to try and alter their course but to no avail.
Sources:
BBC News: Article shows what importance the islands are to the nations, and why there is any reason to argue over them.
http://www.bbc.co.uk/news/world-asia-19709355
Los Angeles Times: This article gave a good amount of evidence about the historical claims that each of the three nations have other this highly disputed area.
http://www.latimes.com/news/nationworld/world/la-fg-china-japan-islands-20120925,0,216163.story?track=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+latimes%2Fnews%2Fnationworld%2Fworld+%28L.A.+Times+-+World+News%29&utm_content=Netvibes
Lastly these two articles from Al Jazeera show the increasing tensions going on over this area of the world. The two articles, published less than two hours apart show the Taiwanese involvement into the already tense situation.
The first simply talks about when the Taiwanese boats entered the disputed Sea area:
http://www.aljazeera.com/news/asia-pacific/2012/09/201292505326112219.html
And the second article shows Japan's response to this action:
http://www.aljazeera.com/news/asia-pacific/2012/09/20129255327498152.html
Area under dispute is the Senkaku/Diaoyu islands. Picture from BBC News online.
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