Economy can overcome tariff threats

The Chinese economy is developing steadily and China is confident it can withstand any external risks and impacts, Beijing said on Wednesday, amid ongoing trade frictions with Washington.

"The protectionist measures the United States takes will have a certain influence on China's economy, but they can totally be overcome," Foreign Ministry spokesman Geng Shuang said.

Geng made the remarks after US President Donald Trump claimed that China wants to reach a deal "badly" as it will lose investment due to the tariffs Washington has imposed.