China's Commerce Ministry: Trade with the US not decisive factor on trade outlook

China's commerce ministry was out with a statement in the last hour, saying that the impact of the trade war on Chinese companies is limited.

Key points:

   •  The risk is controllable on trade war impact. 
   •  China hopes the US to drop protectionism.
   •  Front loading could be a factor supporting 3Q exports.
   •  Stance on trade talks with the US is consistent.
   •  US need to show sincerity.
   •  China trade outlook still keeps good momentum.
   •  Trade with the US not a decisive factor on trade outlook.