The Senkaku Islands are located in the East China Sea, and have been claimed by Japan, China, Taiwan and the United States since the 14th century. The ownership of these islands has been fought for because of their location on an important shipping route, and suddenly became a very important possession when surveyors found large deposits of hydrocarbon beneath them. Japan has recently made a deal with the Kurihara family to purchase three of the five islands. To date there has been no finished sale, but sources say that the islands are going for 2.05 billion yen. Japan plan to have their deal made, and own these islands by the end of the month.
http://en.ria.ru/world/20120905/175775918.html
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