In the weeks since the election, China has flaunted the ways in which it could hit back at the U.S. in the event of a new trade war with the U.S., including everything from choking off the metals needed for everyday products to punishing American companies that do business in China.
But using such tools too aggressively risks backfiring on Beijing.
Read more : https://www.wsj.com/economy/trade/china-has-limited-firepower-to-counter-u-s-tariffs-108df7e9 (WSJ)