Breadcrumb Trail Links PMN Business Author of the article: Reuters Ryan Woo and Greg Torode Published Feb 05, 2023  •  3 minute read Join the conversation Article content BEIJING/HONG KONG — China may respond to the U.S. shooting down its suspected spy balloon after warning of “serious repercussions,” but analysts say any move will likely be finely calibrated to keep from worsening ties that both sides have been seeking to repair. Regional analysts and diplomats are closely watching China’s response after a U.S. fighter jet shot down the balloon – which Beijing says was an errant weather-monitoring craft – in the Atlantic off South Carolina on Saturday. Advertisement 2 Story continues below This advertisement has not loaded yet, but your article continues below. REGISTER TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Article content Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416–383-2300 Thanks for signing up! A welcome email is on its way. If you don’t see it, please check your junk folder. The next issue of Financial Post Top Stories will soon be in your inbox. We encountered an issue signing you up. Please try again Article content China on Sunday condemned the attack as an “over-reaction,” saying it reserved the right to use the necessary means to deal with “similar situations,” without elaborating. Some analysts said they will be scrutinizing the seas and skies of East Asia for signs of tension, given growing deployments of ships and aircraft from China and from the United States and its allies. But while bilateral tension has risen in the past few days over the balloon incident, Beijing and Washington have been seeking to improve ties. The discovery of the balloon in the upper atmosphere above North America prompted the United States to postpone a visit to Beijing this week by Secretary of State Antony Blinken. That trip had resulted from a November summit between Presidents Joe Biden and Xi Jinping. Adverti …