Usa China Trade War

China is well prepared to handle any negative effects from its trade dispute with the United States, the commerce ministry said on Thursday, adding that Beijing's tariff hikes on US imports will not have a big impact overall on its domestic industries.

President Xi Jinping vowed on Tuesday to take new steps to open China's economy "wider and wider" amid a broiling trade confrontation with the United States.

Chinese state researchers and media have talked down the likely impact of US trade measures on the world's second largest economy and described the Trump administration's posturing on trade as the product of an "anxiety disorder".

Chinese state media on Friday slammed Donald Trump's threat of more trade action against China as "ridiculous" after the US President called for an additional $100 billion of tariffs, escalating an already high-stakes trade dispute between the two nations.

China is well prepared to handle any negative effects from its trade dispute with the United States, the commerce ministry said on Thursday, adding that Beijing's tariff hikes on US imports will not have a big impact overall on its domestic industries.

President Xi Jinping vowed on Tuesday to take new steps to open China's economy "wider and wider" amid a broiling trade confrontation with the United States.

Chinese state researchers and media have talked down the likely impact of US trade measures on the world's second largest economy and described the Trump administration's posturing on trade as the product of an "anxiety disorder".

Chinese state media on Friday slammed Donald Trump's threat of more trade action against China as "ridiculous" after the US President called for an additional $100 billion of tariffs, escalating an already high-stakes trade dispute between the two nations.