The U.S. military said on Sunday it was searching for remnants of the suspected Chinese surveillance balloon it shot down a day earlier, while Beijing urged Washington on Monday not to escalate the issue or take further action to harm its interests.
A U.S. fighter jet shot down the balloon in the Atlantic off South Carolina on Saturday, a response China described as an "obvious overreaction".
"China firmly opposes and strongly protests against this," Vice Foreign Minister Xie Feng said in remarks to the U.S. embassy in Beijing posted on the ministry's website on Monday.Later on Monday, foreign ministry spokesperson Mao Ning said China had found out its balloon had drifted over the United States after being notified by that country.
China has warned of "serious repercussions" and said it will use the necessary means to deal with "similar situations", without elaborating, although some analysts said they expect anyBrokerage ING said in a Monday note that the incident could exacerbate the "tech war" and would have negative near-term impact on China's yuan currency.
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