Source: China – South China Morning PostFor decades, Western carmakers complained that China forced them to hand over technology in exchange for access to the world’s largest auto market.
Now the tables have turned.
As Chinese carmakers capture global market share with cheaper, high-quality electric vehicles, countries including Canada and members of the European Union are embracing a “reverse tech transfer” strategy – by seeking Chinese investment and technology to strengthen their own industries.
The United States, however, is…Read More