The U.S. is poised to announce a diplomatic boycott of the Beijing Winter Olympics, CNN reports, a move that will escalate tensions between the world’s two largest economies.

The decision not to send any U.S. government officials to the games beginning Feb. 4 will be announced this week, the media outlet reported Monday, citing several people it did not identify.

China said U.S. politicians should stop calling for a diplomatic boycott to avoid hurting bilateral ties and that Beijing would take "countermeasures" if necessary, the Chinese Foreign Ministry said Monday.