BEIJING — Companies in the European Union are being held “hostage” in China’s trade war with the U.S., the head of the bloc’s business chamber in Beijing said — even after the dueling superpowers hammered out a tentative truce.
The comments to Nikkei Asia by Jens Eskelund, president of the European Union Chamber of Commerce in China, underscore challenges in improving Sino-European trade relations ahead of a high-profile summit planned for late next month.