China is reportedly conducting a global diplomatic campaign to oppose President Donald Trump’s new trade deals with US allies. According to a Bloomberg report on Tuesday, Beijing is trying to reframe itself as a global rules-based order defender and make other countries see Washington as an unreliable trading partner.

By Laurie Chen, Michael Martina BEIJING/WASHINGTON (Reuters) -When the leaders of some of the world's largest companies flocked to Beijing for a business forum last month, their main purpose was a coveted meeting with Chinese leader Xi Jinping.

China’s leaders are downplaying the potential impact from U.S. President Donald Trump’s trade war, saying they have the capacity to protect jobs and limit damage from higher tariffs on Chinese exports.