June 25, 2018 / 10:48 AM / 6 months ago

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

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

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

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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