China can offset the negative impact of the new round of US tariffs

Beijing

THE new round of tariffs imposed by the US will hit China's exporters and manufacturing supply chain, but analysts say Beijing has ample tools to offset the impact on the country's GDP growth.

As of the coming Monday, some US$250 billion in US imports from China will be subject to 10 per cent tariffs; the figure rises to 25 per cent from Jan 1, 2019.