China's President Xi Jinping shakes hands with U.S. President Donald Trump (L) during a business leaders event at the Great Hall of the People in Beijing on Nov. 9, 2017.
Nicolas Asfouri | AFP | Getty Images
China has no choice but to fight back against U.S. bullying on trade, the country's Commerce Ministry said on Friday, after Washington's tariffs on $34 billion in Chinese imports took effect.
The ministry said in a statement that the U.S. move severely harms global supply and value chains and triggers global market turmoil. However, China would continue with its domestic reforms and opening up, it said.