China’s economy is strong enough to withstand Donald Trump’s tariffs and Australian companies, including iron ore miners, remain upbeat about the economic future of Asia’s largest economy, says Reserve Bank of Australia deputy governor Andrew Hauser.

Hauser visited China last month soon after Trump announced tariffs of up to 145 per cent on Chinese goods shipped to the US. Although the tariffs have since been reduced to 30 per cent, Hauser said this was still well above historic levels for a Chinese economy that is Australia biggest trade partner by a “country mile”.