250 billion of trade out of 13 trillion economy represent what less than 1-3/4 % of GDP
No China is not worry about trade war I say let it rip Let see who can last longer
Don't forget that China was subject to total embargo from 1949 to 1972 when the economy is so much smaller and China is isolated politically and economically then
China can offset the effect of trade war by keep expanding the infrastructure in the western China and improve the social benefit of Chinese people. PLus OBOR will provide work for Chinese industry for decade to come Which come at opportune time for China . As I said using blackmail is a bit too late now the horse has left the barn
There are many ways to retaliate against the Trump tariff say add tariff to junk Holywood or Apple . Make life difficult for American export in China using custom or Initiate anti monopoly law against American company
The experience of American embargo does not show result advantageous to US If anything it will spur China to become more independent in technology mark my word
According to the Office of The United States Trade Representative imports from China totaled $478 billion dollars in 2016. So while the tariffs right now have been threatened to reach up to $250 billion there is still substantial room to grow.
Either way, I don't think the outcome of this trade war will be good for anyone involved.