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Singling out Huawei, China's premier defends tech rise, rejects subsidy claims

China's Premier Li Qiang has pushed back against claims that state subsidies fuel the nation's tech advancements in areas like AI and EVs. Speaking at a World Economic Forum summit, he attributed China's innovation to substantial firm investments, citing Huawei's resilience against foreign restrictions. Analysts warn of a potential European trade front mirroring US concerns over Chinese state support and its impact on critical technologies.

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Economic TimesLean R·3h ago
Singling out Huawei, China's premier defends tech rise, rejects subsidy claims
China's Premier Li Qiang has pushed back against claims that state subsidies fuel the nation's tech advancements in areas like AI and EVs. Speaking at a World Economic Forum summit, he attributed China's innovation to substantial firm investments, citing Huawei's resilience against foreign restrictions. Analysts warn of a potential European trade front mirroring US concerns over Chinese state support and its impact on critical technologies.
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Singling out Huawei, China's premier defends tech rise, rejects subsidy claims

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Singling out Huawei, China's premier defends tech rise, rejects subsidy claims

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