China's Xi Jinping holds rare meeting with business leaders amid U.S. tech rivalry

Open this photo in gallery: A screen shows news footage of Chinese President Xi Jinping attending a symposium on private enterprises, at a shopping complex in Beijing on Feb. 17.Florence Lo/Reuters President Xi Jinping held a rare meeting on Monday with some of the biggest names in China's technology sector, such as Alibaba founder Jack Ma, urging them to "show their talent" and be confident in the power of China's model and market. The tightly choreographed pro-business rally, a turnaround in Beijing's approach to its tech giants from a regulatory clampdown four years ago, reflected policy makers' concern about a…