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China not afraid to 'fight back' as markets tumble on trade fears

Michael Smith and Jacob Greber
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Kunming/Washington | China has urged its citizens not to panic as an escalation of its trade war with the United States triggered a sell-off on markets in Australia and around the globe.

However, Beijing also warned it was prepared to "fight back" if Donald Trump played hard ball with the world's second-largest economy.

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Michael Smith is the health editor for The Australian Financial Review. He is based in Sydney. Connect with Michael on Twitter. Email Michael at michael.smith@afr.com
Jacob Greber writes about politics, economics and business from Canberra. He has been a Washington correspondent and economics correspondent. Connect with Jacob on Twitter. Email Jacob at jgreber@afr.com
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    Original URL: https://www.afr.com/news/world/asia/china-not-afraid-to-fight-back-as-markets-tumble-on-trade-fears-20190514-p51n27