One seafarer has died and 10 are missing following the sinking of a Taiwanese-controlled vessel off the coast of China, Chinese media reports say.

Four crew members have been saved from the 3,400-dwt single-deck general cargoship London (ex-TY Lotus, built 2000), according to the reports, which cite the Taizhou and Zhejiang province Maritime Search and Rescue Centres.

The ship went down around 90 nautical miles off China's eastern Zhejiang province.