China doubles down on AI and tech innovation as Trump ratchets up trade pressure

At China’s annual parliamentary meetings, U.S. trade tensions are a key focus as President Trump imposes new tariffs on Chinese goods, impacting exports and access to advanced technology. Premier Li highlighted the challenging external environment but expressed support for the private sector, particularly in tech innovation with companies like DeepSeek. Beijing’s shift towards backing the private sector signals a departure from past restrictions, aiming to boost innovation, consumption, and employment in China’s tech industry.

Full Article