In brief: China has ordered the US to close the American consulate in Chengdu. This move is in retaliation to the United States ordering the closure of China’s consulate in Houston. The back and forth between the two superpowers is creating uncertainty that has spread to the traditional and crypto markets. Earlier today, the world woke up to the news that China was retaliating to the closure of its US consulate in Houston, Texas, by ordering the closure of the […]
