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.

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.

Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergNewsom Says California Is Now the World’s Fourth-Biggest EconomyWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesAt Bryn Mawr,