The European Union announced plans on Tuesday to better protect its cuttingedge technologies from foreign snooping that might threaten its economy and security in the wake of repeated warnings that the bloc needs to 'derisk' its relations with China. 'Technology is...
BRUSSELS — The European Union announced plans on Tuesday to better protect its cutting-edge technologies from foreign snooping that might threaten its economy and security in the wake of repeated warnings that the bloc needs to “de-risk” its relations with China.
To better protect its relatively open market, the European Commission wants the member states to immediately carry out risk assessments of its most sensitive industries, including advanced semiconductor, artificial intelligence, quantum and biotechnologies. Even though the European Commission refrained from putting the onus on any specific country, the EU itself has repeatedly said that it must be better prepared to develop measures to protect trade and investment that China might exploit for its own security and military purposes.
Thierry Breton, the EU's internal market commissioner, said that the measures would reach well beyond Beijing.
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