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<p>US Secretary of State Anthony Blinken is postponing his trip to China</p><ul><li>Presence of a balloon in US airspace is a clear violation of US sovereignty</li><li>US directly communicating with China through multiple levels once balloon was detected</li><li>Unacceptable that balloon incident has taken place.</li><li>US believes in the policy to responsibly manage US China relationships</li><li>Conveyed to China's Wang Yi early on Friday that trip would need to be postponed</li><li>US noted China's statement of regret over the balloon incident</li><li>indicated he would go to China at the earliest opportunity when conditions allow</li><li>US committed to maintaining open lines with China at all times including during this incident</li><li>In the current environment, agenda for Lincoln's trip would have been significantly narrowed</li></ul>

                This article was written by Greg Michalowski at www.forexlive.com.