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'Trade wars a lose-lose game': Analysts say China mulls milder steps as Western nations pile on tariffs
As Western governments pile on tariffs, Beijing on its end, is likely to tread carefully to avoid triggering a global trade war, analysts say, because it realises what’s at stake for its economy – and in the process, could adapt its trade strategy by finding a silver lining in Southeast Asia for imports of its goods as the West steps up barriers.
