An influential survey from the American Chamber of Commerce in China shows more than 80 percent of companies think foreign business is less welcome in China than it has been in the past.
More than 80 percent of members of a U.S. business lobby in China say foreign companies are less welcome than in the past, a survey released on Wednesday showed, with most saying they have little confidence in China's vows to open its markets.
China is gearing up for the possibility of a trade war with the incoming Trump administration and has fired a small warning shot, according to the American business community here as well as the Chinese themselves.
"If one country's products are subsidized and protected in other ways to make them more competitive internationally, is that really free trade?" said William Zarit, chairman of the American Chamber of Commerce in China.