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China Fires Missiles Into Disputed Sea; U.S. Sanctions
Aug.26 — U.S.-China tensions over the South China Sea escalated on Wednesday with Beijing firing four missiles into the disputed waterway and the Trump administration strengthening action against companies that helped set up outposts in the region. Meanwhile, HSBC Holdings Plc has been accused by U.S. Secretary of State Michael Pompeo of aiding the Chinese government’s clampdown on Hong Kong. Stephen Engle reports on “Bloomberg Daybreak: Australia.”