European Companies Caught in Crossfire of US–China Tensions, EU Business Head Says

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Businesses in the European Union are being held “hostage” in the ongoing friction between China and the United States, according to Jens Eskelund, president of the European Union Chamber of Commerce in China.

In an exclusive interview published on June 18, Eskelund told Nikkei Asia that the EU has suffered from “collateral damage” amid tensions between China and the United States, even after both sides recently reached a tentative trade deal.

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