Analysts say symposium may be end of president’s crackdown on sector as he tries to tackle economic stagnationBusiness live – latest updatesRevealed: Google facilitated ensorship requestsChina’s president, Xi Jinping, has met some of the country’s top business leaders, including the Alibaba founder, Jack Ma, as he attempts to halt an economic slump in the world’s second-largest economy.Xi met Ma, who was at the centre of a crackdown on the tech industry in recent years, as well as the bosses of the electric carmaker BYD, the battery manufacturer CATL, Tencent, Xiaomi, and the founder of Huawei, Ren Zhengfei Continue reading...
China’s President Xi Jinping urged tech leaders, including Alibaba’s Jack Ma, to "show their talent" during a meeting aimed at addressing the country’s economic slump. The gathering, which included executives from major firms like Tencent, Huawei, and BYD, signaled a potential shift in government policy toward supporting the tech sector after recent crackdowns. The event, held amid economic challenges such as a housing crisis and high youth unemployment, aimed to reassure investors and boost growth by leveraging private-sector innovation.
