Donald Trump has slapped up to 245% tariffs on China. China says it is not afraid of a trade war. China wants dialogue based on equality. But China faces economic challenges. Exports power China’s economy.

Chinese leader Xi Jinping has said his nation is “not afraid,” in his first public comment on the escalating trade war with the United States, as Beijing raised tariffs on US goods to 125%.

Chinese President Xi Jinping’s visit to Malaysia marks a pivotal moment in Beijing’s bid to outmaneuver the U.S. in Southeast Asia. With Trump-era tariffs souring Washington's trade ties, Xi aims to convince Malaysia and ASEAN that China is the region’s best long-term partner.