A Chinese spy balloon flies above in Charlotte NC, United States on February 04, 2023. Experts say their appearance has raised serious questions about Beijing's deep surveillance efforts. Top foreign policy experts expressed grave concerns about the state of U.S.-China relations at a Council on Foreign Relations meeting this week. The emergence of alleged Chinese spy balloons over the U.S. has raised serious questions about Beijing's deep surveillance efforts, leading U.S. Secretary of State Anthony Blinken to postpone his trip to China in a widely-seen setback for the countries' relations. However, strategists and fund managers on Wall Street seem less concerned by the geopolitical ripple effects and more fixated on Beijing's expected economic revival in 2023.

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