The EU will increase in the world trade organization (WTO) complaint against China due to forced technology transfers. “We can’t tolerate that companies from the EU have to give up valuable technology out of Hand, if you want to invest in China,” said EU trade Commissioner Cecilia Malmström on Thursday. This was clearly against the rules, accepted by China in its accession to the WTO.
Specifically, the expansion of a lawsuit to Chinese laws, the investments in the areas of electric cars and biotechnology rules. In addition, approval will be challenged in proceedings for cross-sector joint ventures. These provide, among other things, that European companies may join forces with Chinese partners when you grant them access to their technologies.
The lawsuit for the protection of intellectual property of European companies by the EU Commission on 1. June has been launched. It provides that there are now discussions between the parties to the dispute. If no settlement can be reached, you need to choose an independent mediator about the case.