FILE PHOTO: Shipping containers are seen at a port in Shanghai, China July 10, 2018. REUTERS/Aly Song/File Photo

BEIJING (Reuters) - China hopes its trade frictions with the United States can be resolved, but it has prepared for all eventualities, the commerce ministry said on Thursday.

China’s economy will not collapse under Washington’s threats and U.S. officials should not underestimate China’s determination and capabilities, the ministry said in a regular briefing.