Danish beer giant Carlsberg plans not to invest too much in China given the uncertain outlook in the wake of the trade war. This was stated by CEO Jacob Aarup-Andersen in an interview with Danish business newspaper Børsen.

"It is important that Carlsberg invests enough to maintain its momentum, but the company must be cautious about overinvesting given the uncertainty," said the Carlsberg CEO.

China is Carlsberg's most important market.