The U.S. and China flags stand behind a microphone awaiting the arrival of then-U.S. Senator John McCain for a press conference at the U.S. Embassy in Beijing on April 9, 2009.
Frederic J. Brown | AFP | Getty Images
Just as fears of inflation and slowing growth are starting to hold back markets, another risk is lurking in the background: rising tensions between the U.S. and China.
