China’s economy likely showed stability in the first two months of the year, despite US President Donald Trump returning to office and almost instantly starting a second trade war with Beijing.

China's commerce minister says Beijing will not yield to bullying and its economy can weather tariffs and other challenges, though there are “no winners in a trade war."

The country’s top leaders set an optimistic growth target but gave few hints of how to achieve it as their export-led strategy is challenged by rising tariffs on Chinese goods.