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Xi vowed to match Trump blow for blow, but is China ready for a trade war?

'It seems like Chinese officials were mentally unprepared for the approaching trade friction or trade war', said an economist

Xi Jinping and Donald Trump.
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Xi Jinping and Donald Trump.

Bloomberg
Xi Jinping vowed to match Donald Trump blow for blow in any trade war. Now as one gets closer, some in Beijing are starting to openly wonder whether China is ready for the fight -- an unusually direct challenge to the leadership of the world’s second-largest economy.

In recent weeks, prominent academics have begun to question if China’s slowing, trade-dependent economy can withstand a sustained attack from Trump, which is already started to weigh on stock prices. The sentiments are being expressed in carefully worded essays circulated on China’s heavily censored internet and -- according to interviews in recent days with

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