As tensions between the world's two biggest economies continue, analysts warn of potential harm to the global economy.
The IMF predicts that US-China trade tensions will have reduced global GDP by 0.8 percent by the beginning of next year, contributing to slowed global economic growth, which stands at 3 percent for 2019.
Huiyao Wang, the founder and president of the Center for China and Globalization, agrees the trade war "certainly is a big deal" for China, calling the situation "unprecedented".
"China and the US relations this year is exactly 40 years of diplomatic ties," he says.
"China ... largely opened up to the US and actually, for the last four decades, there's bumps, there's up and downs, but not as big a surprise as I expect at this one."