BEIJING: Beijing’s plans to use “staggering” subsidies to create national champions in high-tech industries would further skew China’s business playing field and worsen trade frictions, a European lobby group warned Tuesday.
The EU Chamber of Commerce said in a report state subsidies of hundreds of billions of dollars and foreign technology transfers in 10 sectors were “highly problematic” and urged China to stop interfering in the market.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.