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China markets show pressure is growing for Beijing to do more

China’s stock and bond markets are giving a clear signal to policymakers that they need to take more steps to revive investor confidence. Stocks fell for a third day Tuesday, paring last week’s rebound that was driven by optimism over a market rescue package. The benchmark 10-year bond yield dropped…

US moves to recover Chinese balloon while weighing retaliation | Daniel Flatley, Jenny Leonard & Iain Marlow / Bloomberg Opinion

The US sent divers to salvage what they believe is spy equipment from the Chinese balloon shot down off South Carolina, as pressure mounted on President Joe Biden to hit back at Beijing with new export controls on sensitive technology. The government anticipates finding equipment capable of taking detailed photographs,…

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