Economy & Trade
South China Sea Near-Collision — The Escalation Spiral Neither Side Can Exit
⚡ FAST READ1-min read A near-collision between US and Chinese warships near the Spratly Islands marks the most dangerous naval encounter in months, threatening to unravel fragile trade negotiations and potentially triggering a formal diplomatic crisis at a moment when both superpowers need economic cooperation more than confrontation. ── 3 Key Points