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    Prepare for difficult times, China's Xi urges as trade war simmers

    "We must be conscious of the long-term and complex nature of various unfavourable factors at home and abroad, and appropriately prepare for various difficult situations," a state news agency paraphrased Prez Xi Jinping as saying. Two largest economies, US and China, have escalated tariff increases on each other's imports after talks broke down to resolve their dispute.

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