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

The US government plans to bar investment in some Chinese tech companies, to stop American money pouring into sensitive sectors such as chips for artificial intelligence

Another unidentified object flying high over Canada was shot down on Saturday, following a similar strike on Friday. The US has also blacklisted six firms linked to China's 'spy balloons' programme

Washington is confident that the maker of the Chinese spy balloon has a 'direct relationship' with the People's Liberation Army, a senior official said

Beijing hits out at moves to ban Chinese citizens from buying land in multiples states in America, saying such moves violate the principles of a market economy and global trade

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