June 25, 2018 / 10:48 AM / 24 days ago

Forced tech transfers still practiced in China - EU's Katainen

BEIJING (Reuters) - Forced tech transfers in China are still practiced and hampering investment, European Union Commission Vice President Jyrki Katainen said on Monday.

European Commission Vice President Jyrki Katainen arrives prior to a meeting with China's Premier Li Keqiang at the Great Hall of the People in Beijing, China June 25, 2018. Fred Dufour/Pool via REUTERS

The European Union and China’s planned exchange of market access offers in investment talks is a step closer to reaching an agreement, Katainen said in a news conference following the EU-China High-level Economic Dialogue in Beijing.

Separately, he said EU’s countermeasures against U.S. tariffs are in line with WTO rules.

Reporting by Kevin Yao; Editing by Neil Fullick

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