Chinese stocks plunge and lead global markets lower as investors weigh escalating US-China tensions running beyond 'mere tariffs'

· *Global stocks tanked on Friday as investors weighed tensions between the US and China worsening at an exponential pace.*
· *On Friday, China ordered the closing down of a US consulate in its city Chengdu in retaliation to a request to shut down its own consulate in Houston.*
· *"This is a legitimate & necessary response...