Analysis: China is armed and ready for trade war 2.0 with Donald Trump

Contributing sentiments towards policy:

53% : Armed with an understanding about the way the president-elect operates, the Chinese leadership is better equipped to deal with the real possibility of Trump making good on his promise to impose upwards of 60% tariffs on goods sold to the United States, according to economists and analysts, through a combination of trade diversification, targeted retaliation against US companies and support for domestic consumption.
53% : "Targeted retaliationDon't expect a simple tit-for-tat on tariffs, said Liza Tobin, senior director for economy at the Special Competitive Studies Project, a US think tank.
46% : At a press conference on Friday, Wang Shouwen, international trade negotiator and vice minister of commerce, told reporters: "We have the ability to resolve and resist the impact of external shocks.
40% : Lowering the value of the yuan currency could also help Chinese exports, if Trump imposes new tariffs, but analysts don't believe this move is in the cards either.

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