China
2023.10.05 20:19 GMT+8

BizBeat Ep. 753: EU's tech 'protectionism' only incentivizes China to be self-reliant

Updated 2023.10.05 20:19 GMT+8
CGTN

The European Commission on Tuesday unveiled a list of four sensitive technology areas, including cutting-edge microchips, artificial intelligence-powered systems, quantum computing, and biotechnologies, in the wake of repeated warnings that the bloc needs to "de-risk" its relations with China. In this episode of BizBeat, CGTN's Zheng Junfeng points out that blocking technology will only incentivize China to invest more in achieving tech self-reliance, thereby reducing market share for Western tech companies.

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