as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
describe a recent event that occurred in the news.
user
recently, tensions between china and the united states have been escalating. this was highlighted by the announcement that the us would be suspending its participation in the un human rights council.
assistant