EU to demand technology transfers from Chinese companies
EU to demand technology transfers from Chinese companies
www.ft.com EU to demand technology transfers from Chinese companies
New requirements will apply to batteries but could be expanded to other green sectors
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It sounds surprising given the headline, but looks quite reasonable when looking at the details in the article:
- The requirement is part of a tender for €1bn worth of grants to develop batteries. It only affect companies who engage in this tender.
- This is in part a response, at a smaller scale, to what China's own regime that "pressures foreign companies into sharing their intellectual property in exchange for access to the Chinese market. "