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Full Article Follow Reuters Facebook Twitter RSS YouTube Read Quebec separatist leader rushed from stage amid security scare 12:23am EDT Impunity for the rich and famous leaves Thais outraged 04 Sep 2012 Michelle Obama says change takes time, urges another term | 3:19am EDT Navy SEAL book contains classified information: Pentagon | 3:48am EDT U.S. officials sound worldwide alert for Yosemite hantavirus risk 04 Sep 2012 Discussed 155 Exclusive: Pentagon threatens legal action over bin Laden book 133 Romney tells voters to move on from Obama disappointment 76 Obama, Democrats to make their case as convention opens Sponsored Links Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Disputed islands Disputed islands in the East China Sea have been a flashpoint between several countries. Slideshow Michael Clarke Duncan: 1957-2012 Michael Clarke Duncan, nominated for an Academy Award in the 1999 drama "The Green Mile," dies at the age of 54. Slideshow Japan to buy disputed East China Sea islands: media Tweet Share this Email Print Related News China warns U.S. not to take sides in sea disputes Tue, Sep 4 2012 Clinton warns against coercion in South China Sea dispute Mon, Sep 3 2012 Analysis: China's aircraft carrier: in name only Tue, Aug 28 2012 Car carrying Japan ambassador to China attacked: agency Mon, Aug 27 2012 Japan blocks landing on disputed islands to defuse China tensions Mon, Aug 27 2012 Analysis & Opinion Japan Incâ€™s earnings tell worrisome global story Related Topics World » China » Japan » A fishing boat with hoisted Japanese national flags, sails around a group of disputed islands known as Senkaku in Japan and Diaoyu in China in the East China Sea September 2, 2012. Credit: Reuters/Chris Meyers TOKYO | Tue Sep 4, 2012 10:34pm EDT TOKYO (Reuters) - Japan has agreed to buy disputed East China Sea islets, claimed by both Tokyo and Beijing, from their private Japanese owners, Japanese media said on Wednesday, a move likely to fuel tensions between Asia's two largest economies. The uninhabited islands, known as Senkaku in Japan and Diaoyu in China, have long been a source of friction. Japan and China have competing territorial claims to the islets and surrounding fishing areas and potentially rich gas deposits. The Japanese government will buy the islets for 2.05 billion yen ($26.15 million) and the owners will sign a contract soon, the Japanese dailies Asahi and Yomiuri said. The planned purchase of the islands, controlled by Japan and claimed by Taiwan as well, will be approved in a cabinet meeting as early as mid-September, the newspapers said. The row is part of a broader series of territorial disputes in the South China and East China Seas that have set China against U.S. regional allies such as Japan and the Philippines. On Tuesday, China warned the United States not to get involved in the disputes, just as U.S. Secretary of State Hillary Clinton arrived in Beijing pledging to send a strong message on the need to calm regional tension. The Japanese coast guard last month detained Chinese activists who sailed from Hong Kong and landed on the East China Sea islands, triggering anti-Japanese demonstrations in China. Last week, a man ripped a Japanese flag from a car carrying Japan's ambassador in Beijing in the latest flare-up of the territorial row. The Japanese government's plan to purchase the islets comes after Tokyo's nationalist governor, Shintaro Ishihara, proposed a similar plan earlier this year. The Tokyo metropolitan government sent a team of officials to waters near the islets at the weekend to conduct a survey. ($1 = 78.3900 Japanese yen) (Reporting by Kiyoshi Takenaka; Editing by Paul Tait) World China Japan Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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