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China and India, two nuclear-armed powers with a combined population of 2.7 billion, have been in an "eyeball-to-eyeball" military stand-off over territory in Bhutan, a kingdom in a remote area of the Himalayas, since mid-June. The flare-up, one of the most serious since China won a border war in 1962, comes as the two rising powers jostle for regional influence. The current dispute is near a three-way junction between Bhutan, China's Tibet and India's Sikkim.