EU companies are 'hostage' to US-China brawl, chamber chief says

Friction between bloc and Beijing escalates ahead of July summit

Friction is flaring in the China-European Union relationship, despite some expectations that the Beijing-Washington trade war would bring them closer.

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.

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