China Is Nationalizing Its Tech Sector
April 14th, 2018Via: Bloomberg:
As Bloomberg News reported this week, a key stumbling block in trade negotiations between China and the U.S. has been Beijing’s extensive support for its technology firms. But if President Donald Trump’s administration thinks that will change any time soon, it hasn’t been paying attention: Far from reducing support for the tech sector, China is on the verge of nationalizing it.