Shutdown of America’s Chengdu Consulate Caps Week of China Tensions
- Diplomat ousters most concrete consequence of souring ties
- Global businesses and markets increasingly caught in crossfire
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The lowering of the American flag from the consulate in Chengdu caps a week in which U.S.-China relations spiraled to new lows, engulfing global markets and businesses.
For months now, ties between the world’s two biggest economies have been marred by allegations of espionage and intellectual-property theft, a blame game over the coronavirus pandemic, criticism of China’s tightening grip over Hong Kong and its treatment of Muslims in Xinjiang along with sanctions and restrictions on the flow of goods, technology and people.