Coronavirus, trade war a ‘double whammy’ for foreign firms in China, EU chamber boss says

//Coronavirus, trade war a ‘double whammy’ for foreign firms in China, EU chamber boss says

Coronavirus, trade war a ‘double whammy’ for foreign firms in China, EU chamber boss says

The coronavirus epidemic has dashed the hopes of foreign companies operating in China that trading conditions in the region might be about to improve, according to the head of a European Union industry group.After more than 19 months of uncertainty and difficulties caused by the US-China trade war, the signing of an interim deal to end the conflict on January 15 gave many foreign firms reason to be optimistic. But their hopes were short-lived as the virus outbreak delivered a painful “double…

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By | 2020-02-26T14:30:12+00:00 February 26th, 2020|Headlines|Comments Off on Coronavirus, trade war a ‘double whammy’ for foreign firms in China, EU chamber boss says