Xi's Call To Win Tech Race Points To New Wave of Chinese State-led Spending

President Xi Jinping's call for China to "win the battle" in core technologies could signal an overhaul in Beijing's approach to advancing its tech industry, with more state-led spending and intervention to counter U.S. pressures, analysts say. From a report: Achieving self-reliance in technology featured prominently in Xi's full work report to kick off the once-every-five-years Communist Party Congress, with four mentions versus none in 2017. The term "technology" was referred to 40 times, up f