Berliner Boersenzeitung - Blinken scraps rare Beijing trip over alleged China spy balloon

EUR -
AED 4.120835
AFN 72.376646
ALL 91.446363
AMD 404.430758
ANG 2.00828
AOA 1030.068071
ARS 1734.359288
AUD 1.62136
AWG 2.022547
AZN 1.912974
BAM 1.961233
BBD 2.259861
BDT 139.356061
BGN 1.961204
BHD 0.423252
BIF 3378.578422
BMD 1.122079
BND 1.436078
BOB 13.334763
BRL 6.181191
BSD 1.122008
BTN 105.309742
BWP 15.416709
BYN 3.359607
BYR 21992.738982
BZD 2.256652
CAD 1.584964
CDF 2570.681235
CHF 0.920132
CLF 0.027649
CLP 1088.168925
CNY 7.487409
CNH 7.483652
COP 3676.0751
CRC 508.2079
CUC 1.122079
CUP 26.928601
CVE 110.665006
CZK 24.345714
DJF 199.415625
DKK 7.476381
DOP 68.053886
DZD 152.620074
EGP 60.46562
ERN 16.831178
ETB 180.876813
FJD 2.526699
FKP 0.840202
GBP 0.834944
GEL 2.911781
GGP 0.840202
GHS 13.111489
GIP 0.840202
GMD 83.033728
GNF 9944.378364
GTQ 8.573714
GYD 235.220589
HKD 8.799957
HNL 30.380262
HRK 7.595361
HTG 147.067424
HUF 362.431919
IDR 20293.912103
ILS 3.54441
IMP 0.840202
INR 105.415967
IQD 1698.826878
IRR 2134513.700104
ISK 137.228052
JEP 0.840202
JMD 178.243793
JOD 0.795585
JPY 177.315894
KES 145.756644
KGS 98.126077
KHR 4583.690588
KMF 495.958991
KPW 1009.870624
KRW 1509.96422
KWD 0.348775
KYD 0.935082
KZT 503.404593
LAK 25252.377599
LBP 100482.130971
LKR 373.071867
LRD 191.090351
LSL 18.581951
LTL 3.313206
LVL 0.678734
LYD 7.214799
MAD 10.948678
MDL 20.224849
MGA 5155.950214
MKD 61.536967
MMK 2355.754922
MNT 4040.791023
MOP 9.062205
MRU 45.163564
MUR 52.858792
MVR 17.275707
MWK 1949.05068
MXN 20.803113
MYR 4.553845
MZN 71.696486
NAD 18.581481
NGN 1511.450807
NIO 41.079237
NOK 10.551522
NPR 168.495788
NZD 1.991925
OMR 0.431396
PAB 1.122109
PEN 3.862754
PGK 5.040344
PHP 70.762196
PKR 310.423176
PLN 4.386822
PYG 7013.429462
QAR 4.087729
RON 5.343004
RSD 117.67346
RUB 92.574778
RWF 1655.065816
SAR 4.219482
SBD 9.031142
SCR 15.780944
SDG 674.960217
SEK 11.000016
SGD 1.435267
SHP 0.840351
SLE 25.751724
SLL 23529.430449
SOS 641.25269
SRD 42.136277
STD 23224.759885
STN 24.994299
SVC 9.8182
SYP 14589.264556
SZL 18.581752
THB 37.488452
TJS 10.300189
TMT 3.927275
TND 3.349961
TOP 2.701695
TRY 56.354259
TTD 7.610082
TWD 36.808219
TZS 2967.895463
UAH 51.116008
UGX 4594.728881
USD 1.122079
UYU 45.245142
UZS 13464.942184
VES 1005.737375
VND 28630.394464
VUV 133.821406
WST 3.128157
XAF 655.957
XAG 0.021033
XAU 0.000271308372
XCD 3.032473
XCG 2.022202
XDR 0.793368
XOF 655.957
XPF 119.331742
YER 265.51185
ZAR 18.382448
ZMK 10100.052768
ZMW 22.805178
ZWL 361.308825
SSP 6446.60178
MXV 2.338638
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Blinken scraps rare Beijing trip over alleged China spy balloon

Blinken scraps rare Beijing trip over alleged China spy balloon

US Secretary of State Antony Blinken on Friday scrapped a long-planned Beijing trip aimed at easing escalating tensions between the two superpowers, after the Pentagon said that China sent a spy balloon over the United States.

Text size:

Moments before the decision, China issued a late-night statement voicing regret over what it called an accident with a civilian airship but the United States was not impressed.

Blinken, who has faced intense pressure over the trip from the rival Republican Party, decided to postpone his two-day visit starting Sunday, which would have been the first by a top US diplomat since October 2018, a US official said.

The official said the United States was "confident" of preserving communication with China despite Blinken's cancellation, and that the visit would be rescheduled once conditions are "right."

The Pentagon said Thursday it was tracking the balloon which flew far above the western state of Montana and decided for safety reasons not to shoot it down.

After initial hesitation, Beijing admitted ownership of the "airship" and said it veered off course due to the winds.

"The airship is from China. It is a civilian airship used for research, mainly meteorological, purposes," said the statement attributed to a foreign ministry spokesperson.

"The Chinese side regrets the unintended entry of the airship into US airspace due to force majeure," it said, using the legal term for an act outside of human control.

"The Chinese side will continue communicating with the US side and properly handle this unexpected situation."

Republican lawmakers quickly pounced on the incident, casting President Joe Biden -- who has largely preserved and at times expanded his Republican predecessor Donald Trump's hawkish policies on China -- as weak.

"President Biden should stop coddling and appeasing the Chinese communists. Bring the balloon down now and exploit its tech package, which could be an intelligence bonanza," tweeted Senator Tom Cotton, a prominent hardliner who had urged Blinken to call off his trip.

- 'Limited' value -

A senior defense official said that Biden had asked for military options but that the Pentagon believed shooting the object down would put people on the ground at risk from debris.

The balloon has "limited additive value from an intelligence collection perspective," the official told reporters on condition of anonymity.

But the official said it was clearly a balloon meant for surveillance.

The United States is also widely believed to spy on China, although generally with more advanced technology than balloons.

The northwestern United States is home to sensitive airbases and nuclear weapons in underground silos.

The Pentagon said that fighter jets were flown to examine the balloon. Canada also said it had tracked the balloon.

Pentagon spokesman Pat Ryder said that, as of Thursday, the balloon was "traveling at an altitude well above commercial air traffic."

"It does not present a military or physical threat to people on the ground," Ryder said in a statement.

- Bracing for worst -

Defense Secretary Lloyd Austin, who was visiting the Philippines, held discussions Wednesday with top Pentagon officials after Biden asked for options, the defense official said.

In the Philippines, Austin agreed to expand the US military presence, weeks after a separate troop deal with another regional ally, Japan.

The US military moves show that the United States is preparing for potential conflict over Taiwan, the self-governing democracy China claims as its own, despite diplomatic efforts.

Biden held a surprisingly cordial meeting in November with Chinese President Xi Jinping on the sidelines of a summit in Bali, where they agreed to send Blinken to Beijing.

Blinken had described China as a leading competitor but said last month that his trip was intended to set "guardrails" to prevent tensions from escalating into conflict.

A senior US military officer recently told his forces to be ready for war with China after Taiwan's elections next year.

"I hope I am wrong. My gut tells me we will fight in 2025," Air Mobility Command chief General Mike Minihan wrote in a memo, saying that US elections in 2024 would also "offer Xi a distracted America."

Blinken has said that Xi has been speeding up his timeframe to "reunify" with Taiwan, to which the United States sells weapons.

burs-sct/ec

(G.Gruner--BBZ)