Beijing threatens retaliation for forced closure of Houston consulate
The U.S. State Department confirmed on Wednesday it had ordered China to close its consulate in Houston, Texas, prompting Beijing to insist on firm countermeasures unless Washington immediately reverses its decision. This move follows reports of a fire at the consulate Tuesday night with video apparently showing Chinese officials burning documents in what appeared to be trash cans. CNBC's Eunice Yoon reports.