China prepares for ‘shocks’ as world braces for Donald Trump’s fresh tariffs next month

(Bloomberg):

As the globe waits for US President Donald Trump to declare additional tariffs on its trading partners next month,

Chinese Premier Li Qiang stated that his country is ready for "shocks that exceed expectations."

Li told a group of international business leaders and visiting Republican Senator Steve Daines at the opening of the China Development Forum in Beijing on Sunday that nations should open up markets despite the growing economic fragmentation.