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.
William Zarit, chairman of the American Chamber of Commerce in China, which represents more than 900 US companies, told Sky News his members want a level playing field, not a trade war.
More than 80 percent of American companies feel China is less welcoming to foreign businesses than in the past, a US business lobby group reported Wednesday, as trade tensions surge between the world's top two economies.