China says that it is clear who is right and who is wrong on trade spat with US

Comments by China's foreign ministry

• Says China has made utmost efforts to avoid escalation of trade frictions
• The "flip flop" of the US is well recognised
• Doesn't want a trade war, but is not afraid of one

China has been active in the last two days with comments on the trade rhetoric, but it's not anything new. Yesterday's comments did contribute to some jitters in the market but ultimately they were faded yet again.