Big Take
Xi Has Embraced China’s Tech Titans Once Again. Will It Last?
Feb 26, 2025
Lucille Liu, a Bloomberg reporter based in Beijing, discusses the dramatic shift in China's relationship with tech giants. After years of regulatory crackdowns, President Xi Jinping's recent meetings with leaders like Jack Ma signal a potential reconciliation. They explore how this newfound support might revive the tech sector and discuss the resilience of companies like Huawei amid ongoing challenges. Additionally, Liu addresses the complexities of navigating U.S.-China tech relations and the impact of government scrutiny on innovation.
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Quick takeaways
- Xi Jinping's recent meeting with tech titans like Jack Ma signifies a significant shift towards nurturing China's tech sector for economic recovery.
- The performance of humanoid robots during the Lunar New Year showcases the blending of tradition with technological advancements amid changing governmental attitudes.
Deep dives
The Spring Festival Gala's Technological Showcase
The Lunar New Year Spring Festival Gala featured an unexpected performance with humanoid robots that stirred intrigue among viewers. These six-foot-tall robots, created by Unitree Robotics, donned traditional Chinese vests and performed choreographed routines, showcasing advancements in technology during a cultural celebration. The involvement of renowned director Zhang Yimou highlighted the significance of blending tradition and modernity. This performance symbolized a potential shift in the Chinese government’s attitude towards tech giants after years of distancing due to regulatory crackdowns.
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