China official: China is much more able than US to handle a trade war

Unnamed government official, cited by Reuters

• Trade talks with US must be as equals and must be mutually-beneficial
• China won't yield to US treats
• China will not negotiate on core interests
• Full prepared for all outcomes of trade talks with US
• China will not accept any US preconditions

All this tough talk is probably hollow but it's not the kind of thing markets like to hear.