China’s Asymmetrical Tools for New Trade War Carry Global Peril

  • Arsenal includes sanctions, power to limit access to minerals
  • Prospect of trade conflict grew stronger with Trump’s election
Donald Trump and China’s President Xi Jinping in 2017. Photographer: FRED DUFOUR/AFP
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China wields new powers as it confronts the prospect of another trade conflict with the US, expanding its retaliatory reach in recent years to include tools capable of wreaking havoc on global commerce and finance.