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What You Need to Know About the Alleged Chinese Spy Balloon Shot Down by the US

Bloomberg business news
WATCH: The US says it’s tracking a Chinese surveillance balloon. Rebecca Choong Wilkins reports.Source: Bloomberg
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After floating over the US for days, a suspected Chinese surveillance balloon has been shot down. But aftershocks from the saga continue to reverberate, with planned talks for the nations’ top diplomats derailed and new tensions injected into the already-strained relations between the world’s two largest economies.

Here’s everything we know so far: