https://www.bloombergquint.com/china/2018/09/08/china-s-export-growth-in-august-beats-forecasts-in-yuan-terms#gs.kCwr08Y
The RMB depreciation is helping China's export growth because it helps to cushion against the US tariffs. The consumer consumption is also showing no letdown because the import is also growing.
This shows that the Chinese have high savings to withstand the US tariffs.
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https://www.channelnewsasia.com/news/business/china-s-record-trade-surplus-with-us-adds-fuel-to-trade-war-fire-10697344
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