US-China Tensions Over Alleged Spy Balloon, Ukraine Threaten Trade

According to a survey by the US-China Business Council, a lobbying group representing more than 200 US companies operating in China, 87% of respondents said the tensions have affected their business operations. Craig Allen, president of the council, told VOA Mandarin via email on February 22, "Increased US-China tensions create a lot of uncertainty and are a concern for our members. The recent balloon incident and the war in Ukraine further complicate an already complicated situation."