China says it's ready to hit back if Trump starts a trade war

Reuters China is preparing to retaliate if US president-elect Donald Trump launches a trade war, a key US business lobby group warned on Wednesday. “To our knowledge, China is already preparing measures in the event of actions by the new ­administration ... should [they] impose restrictions on trade and investment with respect to China,” Lester Ross, head of the American Chamber of Commerce in China’s policy committee, said. Ross also said new anti-dumping investigations by China were in ...