EU's reported tech transfer demands underscore China's technological strength: expert

BRUSSELS, Nov. 20 (Xinhua) -- The European Union (EU)'s reported plan to require Chinese companies to transfer technology in exchange for subsidies underscores China's growing technological strength, a Hungarian expert said on Wednesday.

"The EU is in the midst of an industrial and technological decline, and the simple fact of urging Chinese companies to transfer their technology is nothing but a proof and a sel