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Chinese Oil Rig Moved Away from Disputed Waters Off Vietnam

A Chinese oil rig has finished drilling near the disputed Paracel islands in the South China Sea after finding signs of oil and gas and is being moved away from the area, more than two months after its deployment damaged relations with Hanoi. The Vietnamese coastguard said the $1-billion rig had been towed from contested waters. China's official Xinhua news agency said the rig would be relocated off the southernmost island province of Hainan. It gave no timeframe. The rig's...

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