Xinhua (China state media) citing a pbocc People's Bank of China adviser
- Trade war impact on China's economy is limited
- US tariffs planned on $50bn of China's goods to slow China's growth by 0.2%
- China will consider measures to offset impact of trade war on the hardest hit sectors
Yep. When a bully lands a punch on you, you don't flinch. Seems to be what's happening here?
And … issue is not realty this first round of the war, but escalation and it spreading to Europe and elsewhere.