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Joris Teer was interviewed by the Financial Times on the geopolitical aims behind Chinese industrial policy and what this means for Europe's chances of achieving reverse tech transfer through Chinese investments in Europe, like CATL's in Spain.
"Xi is seeking to transform China into a self-sufficient fortress, while making the rest of the world even more dependent on Chinese manufacturing," he said, adding that Chinese companies, including battery manufacturers, have a strong incentive to not ship their crown jewel technologies abroad.