Shooting it seemed to be a bad idea for some reason.
Starlink's next generation of LEO orbitals will pick up Mobile phone device signals to provide service: So what exactly is the benefit of a balloon?
It says nothing about Chinese intelligence, and maybe quite a lot about the lack of coordination in remote earth sensing between nation states using the jetstream this happened this way. They should be chastised for not reporting it, assuming somebody at NOAA or the American Academy of Sciences didn't in fact get a heads-up.
Shooting it was performative reactive management and did nothing particularly useful in the geo politics space. Like everything, it was targetted domestically inside the USA