Georgetown Basketball Team BRAWLS With Chinese Squad

The benches cleared ... the fists flew ... chairs were thrown -- all during what was SUPPOSED to be a friendly basketball game between Georgetown University and a professional Chinese team a few hours ago.

According to reports, tensions were running high at Olympic Sports Center Stadium in Beijing during the game between GU and the Bayi Rockets of the Chinese Basketball Association.

But things hit a fever pitch during the 4th quarter, when members of both teams got extra-physical during a scramble for a loose ball ... and suddenly, it was full-on pandemonium.