European firms mull relocating mainland production to Southeast Asia amid escalating US-China trade war

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The European Union Chamber of Commerce in China says the issue can be easily resolved if Beijing opens up further, takes away market access barriers and conducts more economic reforms. European companies operating in China are extremely worried about getting caught in the US-China trade war crossfire and some are considering relocating to Southeast Asia as punitive tariffs slapped by the world’s two largest economies take a toll on multinational firms, according to the European Union Chamber of Commerce in China…

Read more : SCMP, 18.09.2018