Xi Jinping hosts tech leaders as US trade war intensifies

News Snapshot:

Sydney | China’s President Xi Jinping met with elite tech entrepreneurs on Monday in a strong show of public support for the sector, as Beijing tries to bolster its sluggish economy amid escalating trade tensions with Washington. Xi delivered a speech to the assembled tech bosses that included Alibaba co-founder Jack Ma and Huawei Technologies founder Ren Zhengfei in the Great Hall of the People in Beijing, key figures in China’s ambition to reduce reliance on American technology, according to state media. Loading...