EU group says China plan 'skews' high-tech field

Beijing's plans to use "staggering" subsidies to create national champions in high-tech industries would further skew China's business playing field and worsen trade frictions, a European lobby group warned Tuesday.The EU Chamber of Commerce said in a report state subsidies of hundreds of billions of dollars and foreign technology transfers in 10 sectors were "highly problematic" and urged China to stop interfering in the market.