By Kevin Yao BEIJING (Reuters) -Chinese policymakers on Monday sought to assuage concerns the broad U.S. tariffs could derail efforts to shore up a fragile economic recovery, even as analysts warn the hefty levies raise the risk of a sharp downturn in growth.

President Donald Trump is heading into another volatile week of his trade wars facing an urgent need to de-escalate the conflict he ignited with China before it inflicts deep damage on the US economy.

China’s role in global trade has shifted significantly. In recent years, on a regional basis, Southeast Asia has surpassed it to become the largest trading partner. This shift has implications for China’s economic strategies and its international relationships,