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EU urged to ‘flex its muscles’ on Chinese tech transfer and rare earths

The European Union is poised to toughen its trade stance towards China, with the bloc set to insist that Chinese investors in Europe transfer technology to local firms, and as it formulates a response to Beijing’s latest restrictions on rare earth exports. Trade chief Maros Sefcovic insisted on Tuesday that the bloc was open to investments from China but only under the right conditions. These conditions include the creation of “real value added” in the EU, the creation of “real jobs”, and that...


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