Japan also said there has been confirmation of suspected balloons flying over it, including in the open waters off the southwestern region of Kyushu in 2022

The United States imported $538.8 billion worth of goods from China last year and sent exports worth $153.8 billion to the country

"The United States is being strict, but there is a question of whether we have to exactly match that," said former economy minister Akira Amari.

“Today, we’re in the strongest position in decades to compete with China or anyone else in the world,” Biden said in his State of the Union address

Officials say successful recovery of the balloon's debris could give the United States insight into China's spying capabilities

Nearly half of companies surveyed by AmCham are reviewing or plan to review their business plans. Many have been disrupted by elevated geopolitical tension, costs and staff anxiety

China lodges a complaint after airship 'attack', but US officials say they have monitored at least four other spy balloon flights over the US in recent years, plus ones over Central and South America

A week after it first entered US airspace, the Chinese ‘spy balloon’ was sent crashing into the Atlantic dragging with it nascent optimism for a Sino-US detente

US Secretary of State Antony Blinken has cancelled his planned visit to China after a Chinese spy balloon was tracked flying across the country

President Xi Jinping warned this week that China must speed up moves to become self-reliant in science and technology "to prevent being strangled by foreign countries"

US Investments in Chinese AI companies totalled $40.2 billion from 2015 to 2021, making up for 37% of the total raised by the firms in the six-year period

Washington hopes to deploy more Western mobile phone networks in India and also welcome more Indian computer chip specialists to the US