China deepens policy support for tech sector as coronavirus limits options


Source: nationworldnews.com nationworldnews.com

Key Topics in this News Article:

News Snapshot:

In a rare meeting with officials, Communist Party leaders have doubled down on support for China’s tech sector, as Beijing shifts its stance to an industry it had suppressed until the virus rebounded. China – the last major global economy to stick to a rigid zero-Covid policy – is facing an economic slowdown due to prolonged virus lockdowns that have disrupted supply chains, stoked demand and halted manufacturing. For the latest headlines, follow our Google News Channel online or through the app, This appears to have prompted a softer approach towards the giant, money-spinning tech sector, after being prompted by...