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Economy

Companies in China feel pressure to give up tech

Updated : June 20, 2018 12:24 PM IST

The European Union Chamber of Commerce in China's report follows President Donald Trump's order for tariffs on additional Chinese goods in response to complaints Beijing steals or pressures companies to hand over technology.
Out of 532 European companies that responded to a survey, 19 percent "felt compelled to transfer technology in exchange for market access" despite Chinese assurances that it isn't required, the chamber said.
Companies in China feel pressure to give up tech
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