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China to Trump. We'll wait you out.

China’s playing the long game, and is making key moves to hedge against Trump’s tariffs
PUBLISHED 3 HOURS AGOUPDATED 8 MIN AGO
Yun Li
@YUNLI626
KEY POINTS
“We think China is neither aiming to quickly reach a trade deal, nor trying to hit back at the U.S. as hard as it can,” says Yi Xiong, China economist at Deutsche Bank.
China is accelerating its efforts in other countries to reduce its reliance on the U.S.
The country is also strengthening its domestic market.
“China will still respond to US tariffs, but with smaller and targeted measures,” Xiong said.

https://www.cnbc.com/2019/08/28/chinas-trade-battle-looks-like-the-long-running-us-japan-trade-war.html