The WTO action by the EU, mirrors similar concerns raised by the United States. This is the second such action the European Commission has taken against China at the WTO.
On Thursday, for the second time this year, the European Union launched a complaint against China on forced technology transfer by Beijing.
In a statement, the European Commission, which oversees trade policy across EU member states, said, it was significantly deepening and broadening the scope of its WTO action against China.
In June 2018, the European Union launched a WTO case against forced technology transfers by China.
This targeted specific provisions under Chinese regulations on import and exports of technology centered on Chinese-foreign equity joint ventures.
Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Regulations & Legal, Strategy
Leave a comment