BEIJING—The U.S. threat of investment restrictions is already dampening the enthusiasm of Chinese businesses, with some canceling or slowing plans to invest in the American market, China’s Commerce Ministry said.
Ministry spokesman Gao Feng, without specifying what actions China could take, said Beijing is prepared to respond if the U.S. goes ahead with the plan. “We are sticking to our bottom-line thinking and are prepared to take action,” he told reporters Thursday at a routine briefing.
...