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Xi Plays a Long Game on Tech as U.S. Squabbles

A news report on Chinese President Xi Jinping's speech in the city of Shenzhen is shown on television screens inside a store in Hong Kong on Oct. 14.

A news report on Chinese President Xi Jinping's speech in the city of Shenzhen is shown on television screens inside a store in Hong Kong on Oct. 14.

Photographer: Roy Liu/Bloomberg

Xi Jinping is sticking to the plan. After four years of parrying with President Donald Trump, the Chinese leader shows no intention of scaling back his ambitions to supplant the U.S. as the dominant tech power.

In a speech today in southern China, Xi rallied officials and executives to seize the “technological and industrial innovation high ground.” He expressed confidence that China, with its 1.4 billion consumers, could attract all the foreign investment and technology it needs close the gap.