Five cards China holds in a trade war with the US

From rare earths to billions in US debt, here's what China has in its arsenal - and how strong they are.

British Broadcasting CorporationWatch LiveHomeNewsSportBusinessInnovationCultureArtsTravelEarthAudioVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC InDepthBBC VerifySportBusinessExecutive LoungeTechnology of BusinessFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsArtsArts in MotionTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingAudioPodcastsRadioAudio FAQsVideoLiveLive NewsLive SportHomeNewsSportBusinessInnovationCultureArtsTravelEarthAudioVideoLiveWeatherNewslettersFive cards China holds in a trade war with the US5 days agoShareSaveKoh EweBBC NewsShareSaveGetty ImagesFrom China's sprawling trade network to its chokehold on rare earths, it will not be easy for Washington to back China into a cornerA trade war between the world's two biggest economies is now in full swing.

Chinese exports to the US face up to 245% tariffs, and Beijing has hit back with a 125% levy on American imports. Consumers, businesses and markets are braced for more uncertainty as fears of a global recession have heightened.

Chinese President Xi Jinping's government has repeatedly said it is open to dialogue, but warned that, if necessary, it would "fight to the end".

Here's a look at what Beijing has in its arsenal to counter US President Donald Trump's tariffs.

China is the world's second-largest economy, which means it can absorb the impacts of the tariffs better than other smaller countries.

https://www.bbc.com/news/articles/c0kxe1m1y26o


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Updated: 1 month ago
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