Xi Embracing China Tech CEOs Spurs Hope of Big Economic Shift

President Xi Jinping's embrace of Chinese tech bosses in a rare public meeting is fueling hope Beijing is shifting its stance to give the private sector a freer hand as it fights a trade war with Donald Trump.

- BLOOMBERG

Four years after launching a regulatory crackdown that plunged the tech sector into turmoil, China's top leader sat down publicly for the first time with Alibaba co-founder Jack Ma, whose firm bore the brunt of that campaign. Also on the guest list Monday were rising stars from robotics start-up Unitree, electric car giant BYD and AI newcomer DeepSeek—firms rolling out world-beating innovations despite US export controls.