China and the European Union should address their disagreements and form a united front against a "triumphant" Donald Trump, said a former chief of the World Trade Organization, calling the incoming US president a threat to global trade.

China may embrace greater stimulus, bolster manufacturing, and allow the yuan to weaken to offset the negative effects of a second Trump presidency on the Chinese economy, analysts said.

China is ready to go head-to-head with President-elect Donald Trump’s tariffs as he prepares to take back the Oval. If Trump pushes for tariffs as high as 60% on Chinese goods, Beijing isn’t about to sit back.