The AFR puts brave face on for China today:
China has urged its citizens not to panic as its trade war with the United States escalates, declaring the world’s second-biggest economy can withstand a battle and that it is not afraid to “fight back”.
In a notable shift from its earlier, softer stance towards Donald Trump’s brinkmanship as trade talks stalled, China’s state-owned newspaper took a nationalistic tone on Tuesday as investors braced for heavy losses on the nation’s stockmarkets.