China on Monday criticised European Union plans to shield key industries from Chinese competition, warning it would take countermeasures if the measures are adopted. The EU’s proposed “Made in Europe”…
The EU proposal, formally known as the “Industrial Accelerator Act”, implicitly targets Chinese makers of batteries and electric vehicles by requiring foreign firms to partner with European firms and pass on technological know-how when setting up shop in the bloc.
Huh … I feel like there is a big country in Asia that has done this for ages … can’t remember the name though.
Huh … I feel like there is a big country in Asia that has done this for ages … can’t remember the name though.