鹬蚌相争，渔翁得利

Traditional form:

鷸蚌相爭，漁翁得利

Pinyin (reading):

yùbàngxiāngzhēng,yúwēngdélì

Definitions:

• lit. when the snipe and the clam grapple with each other, the fisherman catches them both (idiom)
• fig. when two sides are locked in dispute, it's often a third party that benefits

Characters:

• 鹬 - snipe, kingfisher
• 蚌 - oysters, mussels; mother-of-pearl
• 相 - mutual, reciprocal; equal; each other
• 争 - to dispute, to fight, to contend, to strive
• 渔 - fisherman; to fish; to pursue; to sieze
• 翁 - old man; father, father-in-law
• 得 - to obtain, to get, to acquire; suitable, proper; ready
• 利 - gains, advantage, profit, merit

Traditional characters:

• 鷸 - snipe, kingfisher
• 蚌 - oysters, mussels; mother-of-pearl
• 相 - mutual, reciprocal; equal; each other
• 爭 - to dispute, to fight, to contend, to strive
• 漁 - fisherman; to fish; to pursue; to sieze
• 翁 - old man; father, father-in-law
• 得 - to obtain, to get, to acquire; suitable, proper; ready
• 利 - gains, advantage, profit, merit