European firms unprepared for US-China breakup

  • Date: 14-Jan-2021
  • Source: Egypt Independent
  • Sector:Economy
  • Country:Middle East
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European firms unprepared for US-China breakup

Washington and China have been engaged in a trade and technology war since 2018, with both sides looking to reduce their interdependence. The decoupling or disentangling of the world's two biggest economies, tremors of which are being felt across the global economy, however, is not the biggest challenge facing European firms doing business in China, a survey “¦ Continued

The post European firms unprepared for US-China breakup appeared first on Egypt Independent.Washington and China have been engaged in a trade and technology war since 2018, with both sides looking to reduce their interdependence. The decoupling or disentangling of the world's two biggest economies, tremors of which are being felt across the global economy, however, is not the biggest challenge facing European firms doing business in China, a survey “¦ Continued

The post European firms unprepared for US-China breakup appeared first on Egypt Independent.