Chinese and Philippine naval forces clash in the West Philippine Sea

Key claims

A breaking news report stating that Chinese and Philippine naval forces clashed in the West Philippine Sea.
A user claims a major military happening is underway with a naval battle between China and the Philippines over a small island.
China's production of lab-grown diamonds has crashed the price of a 10-carat ring from $1 million to $4,000.

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Every thread this story was extracted from, with live and archive links so the evidence is verifiable.

/pol/539405924 ↗ live · archive critical evergreen 24 replies Post questions ideological contradiction of billionaires existing in a communist state.
/pol/539391778 ↗ live · archive mocking breaking 28 replies Filipino civilians in rafts defeated Chinese personnel in physical confrontation; framed as evidence of Chinese weakness despite propaganda.
/pol/539352625 ↗ live · archive hostile evergreen 38 replies The Philippines should respect Chinese sovereignty, accompanied by ethnic slur.
/pol/539309982 ↗ live · archive alarmed breaking 178 replies A user claims a major military happening is underway with a naval battle between China and the Philippines over a small island.
/pol/539327146 ↗ live · archive neutral evergreen 83 replies China's production of lab-grown diamonds has crashed the price of a 10-carat ring from $1 million to $4,000.
/pol/539291739 ↗ live · archive alarmed breaking 31 replies A breaking news report stating that Chinese and Philippine naval forces clashed in the West Philippine Sea.