Predictions of Escalating Trade Tensions Between EU and China
Wednesday, 20 March 2024, 01:00
Escalating EU-China Trade Tensions
In a recent statement, Jens Eskelund, president of the European Union Chamber of Commerce in China, likened the trade relations to a 'slow-motion train accident.'
Predictions of Escalation
In his assessment, Eskelund anticipates that the trade tensions between Europe and Beijing will deepen in the coming months, posing significant risks to global trade.
- Need for Action: The warning underscores the importance of taking preemptive steps to address the deteriorating situation.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.