"To have dispatched an advanced fighter jet to shoot down a balloon with a missile, such behaviour is unbelievable," China's top diplomat said at a global security conference

"I hope we are going to get to the bottom of this, but I make no apologies for taking down that balloon," the US president said

China previously sanctioned the two firms in February last year over a $100-million arms sale to the island

Despite the record growth outlook, the country is likely to face several challenges in costs and trade of its solar-power equipment

US and Chinese officials have been discussing a meeting between their senior diplomats – possibly in Europe this weekend – to cool tension over the 'spy balloons' saga

Tokyo believes several Chinese balloons have flown over Japan in recent years but warned it is now looking at allowing weapons to be used to gun down such 'unacceptable' intrusions

US Senator Marco Rubio has called for the Biden Administration to review Ford Motor's plan to build a $3.5-billion battery factory in Michigan with Chinese battery giant CATL

US denies flying surveillance balloons over China, while sources said Secretary of State Blinken was considering meeting top Chinese diplomat Wang Yi at Munich Security Conference this week

Apple has bet big on India since it began iPhone assembly in the country six years ago, but the move has been hit by challenges in logistics, tariffs and infrastructure

The Philippine Coast Guard said the Chinese ship fired a green laser twice toward the bridge of the Malapascua, temporarily blinding her crew, before approaching to 140 metres from them

The claim comes amid state media reports that Chinese authorities were ‘preparing’ to shoot down an unidentified flying object near a major port city

A fourth object flying at high altitude was taken down over Lake Huron in the US on Sunday, intensifying tensions between Washington and China. Taiwan says it has seen many spy balloons