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ULUGAN BAY, Philippines (Reuters) - Hundreds of American and Philippine troops waded ashore on Wednesday in a mock assault to retake a small island in energy-rich waters disputed with China, a drill Beijing had said would raise the risk of armed conflict. The exercises, part of annual U.S.-Philippine war games on the western island of Palawan, coincide with another standoff between Chinese and Philippine vessels near Scarborough Shoal in a different part of the South China Sea. ...More...