President-elect Donald Trump has invited Chinese President Xi Jinping to attend his inauguration next month — extending a diplomatic olive branch

Here's a look at how the showdown between the world's two largest economies played out the last time Trump was in office and where things might be headed now.

In one of their most dovish statements in more than a decade, Chinese leaders signalled on Monday they are ready to deploy whatever stimulus is needed to counter the impact of expected U.S. trade tariffs on next year's economic growth.