1.Wei Jianguo, a former vice minister at the Ministry of Commerce, told CNBC on Sunday that while the Chinese side awaits a fair and equal trade deal, the country has made preparations to counter any negative impact from trade tensions.
2.Analysts noted that one consequence of the trade tensions may be that Chinese companies gain greater market share, at the expense of U.S. businesses.
3.While there are challenges to conducting business in China, leaving the market is not the answer, said Jake Parker, vice president of China operations at the U.S.-China Business Council.
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