The world’s most populous country looked more soberly at the prospect of a Donald Trump presidency after the New York billionaire became the Republican Party’s presumptive nominee on Wednesday.

Mr. Trump has threatened to slap a 45% tariff on Chinese goods and recently accused the country of “raping” the U.S. through unbalanced trade. He has also said that as president he would put a stop to Chinese island building in disputed areas of the South China Sea.

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