Beijing’s intervention in Chinese markets, including tech, could strangle ‘economic dynamism’, author says

China’s regulators should strike a delicate balance to empower the nation’s tech firms to secure a competitive edge in the high-stakes tech race with the US while avoiding unexpected repercussions from overly stringent interventions, according to a scholar.

Angela Zhang, an associate professor in law at the University of Hong Kong, also said the US’ tech-containment strategy could ultimately backfire, as it is just a matter of time before China catches up and gains leverage in the realms of semiconductors and artificial intelligence.