Bloomberg Daybreak: Asia Edition cover image

Earnings Continue, New Fed Speak and a Chinese Spy Balloon Update

Bloomberg Daybreak: Asia Edition

00:00

China's Response to Shooting Down the Intelligence Gathering Balloon

China is accusing the United States of warfare in its response to shooting down the intelligence gathering balloon as it is put by China. Beijing has lashed out at US President Joe Biden for saying that President Xi Jinping faces enormous problems, says the remarks are highly irresponsible and violate basic diplomatic protocols. What the Chinese Liberation Army was doing was collecting data across 40 countries. And what this had capabilities of on this spy balloon was actually being able to collect communication signals.

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