How would you describe the current state of Chinese-EU relations in respect of high technology sector?
The EU and China have traditionally cooperated a lot in high technology. However, this used to be mostly a one-way street, with European high-tech companies going to China, building plants or selling their products, and transferring some technology. After China has, in recent years, replaced some traditional EU powerhouses in key technologies like the high-speed rail industry, European companies are increasingly in China for innovation. As a pre-requisite to market access, China often requires or encourages localization. . .