State media last week said China was “well armed to deliver counterpunches”, without giving specific details.
As companies await China’s next move, there is uncertainty about what form retaliation might take. Companies might "just have to read the tea leaves on how their business operations are being treated", Erin Ennis, senior vice-president of the US-China Business Council, said in an interview with Bloomberg Television on Saturday.
China could use the template...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team