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China capable of handling challenges including possible market fluctuations
China has in past years been fighting the EU and the US for recognition as a market economy, a designation that would lead to dramatically lower anti-dumping duties on Chinese goods by prohibiting the use of third-country price comparisons.
China has been the largest trading partner of ASEAN for nine consecutive years. Last year, trade between the two sides exceeded 0 billion.
China has become the world's second-largest economy and, although it still needs to catch up in competitiveness, it is quite capable of making the US pay a heavy price if the Trump administration is not just posturing and does begin to match its words with actions.
China has a limited amount of arable land. By the end of 2015, every Chinese had 0.1 hectare of farmland on average, compared with the 0.19 hectare world average according to data from the World Bank.
