EU to demand tech transfers from Chinese companies, FT reports

FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023. REUTERS/Johanna Geron//File Photo

(Reuters) - The European Union is planning to compel Chinese companies to transfer technology to European businesses in return for EU subsidies, the Financial Times reported on Tuesday, citing two senior EU officials.

(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Jacqueline Wong)