STOCK MARKET WATCH -- Friday, 16 May 2014

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21. Violent anti-China rallies in Vietnam pose ‘huge dilemma’ for the U.S.

http://www.rawstory.com/rs/2014/05/15/violent-anti-china-rallies-in-vietnam-pose-huge-dilemma-for-the-u-s/


The outbreak of deadly anti-China protests in Vietnam raises the stakes for the United States, which has rallied behind Beijing’s neighbors but faces ugly new realities.

Demonstrations have spread to a third of Vietnam’s provinces, with workers attacking Chinese workers and factories, in a wave of nationalist outrage after Beijing moved a deep-water drilling rig into waters claimed by Hanoi.

The escalation came despite months of U.S. cajoling for an easing of tensions in the myriad disputes in the South China Sea and a separate conflict between China and US ally Japan in the East China Sea.

President Barack Obama has put a high priority on building relations with Southeast Asia, seeing the region as economically dynamic and eager for warmer U.S. relations faced with China’s rise.