Comments from both the Ministry of Commerce and the State planner (NDRC)

China vice commerce minister

  • Says US stands to gain more from Sino-US trade
  • China willing to promote Sino-US trade in a fairer fashion, hopes US takes more positive steps as well
  • China is forced to retaliate against US, US exporters including LNG exporters will certainly be hurt
  • China able to offset trade risks through expanding domestic demand
  • China's retaliation against US will provide opportunities to other lng exporting countries

NDRC comments:

  • China's economy more focused on quality, more resilient to trade shocks
  • China has huge potential to expand domestic demand due to consumption upgrade, still considerable regional gaps
  • China will give more support to Chinese firms to expand into international markets including EU, Japan, Africa

via Reuters

Expanding domestic demand is a key goal of China regardless.