They have the largest economies in the world. They spend more than anyone on their armies. From high-tech chips to offshore control, his interests are closely intertwined.
The ongoing sharp deterioration in ties between the United States and China poses risks for both countries and the rest of the world. In the latest escalation, a U.S. consulate in Chengdu, in southwest China, closed on Monday, ordered by China to shut down in retaliation for the U.S. shutdown of its consulate in Houston last week.
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