News Snapshot:
As investors look for signs that Beijing is loosening its grip on the tech industry, China’s political advisory agency intends to conduct a forum next week with certain private sector firms, including Baidu Inc. Vice Premier Liu He, President Xi Jinping’s top economic adviser, is expected to attend the meeting held by the Chinese People’s Political Consultative Conference. Officials from government organizations such as China’s Cyberspace Administration and business executives such as Baidu founder Robin Li are also expected to attend, which cites people familiar with the situation. A year-long regulatory onslaught in China’s technology sector has upended once-common industry...
