China Displays Its Gizmos and Ambition, but Fewer Answers on Trade

The article discusses China's display of its technological prowess at the Global Digital Trade Expo in Hangzhou. The event showcased China's ambitions in the digital sector, challenging U.S. efforts to limit its technological advancements. However, the competition within China is intense, and profitability remains a challenge for many Chinese tech companies. The expo featured a wide range of cutting-edge technologies, including artificial intelligence, 5G, and quantum computing. China's goal is to position itself as a global leader in these emerging technologies, despite the ongoing trade tensions with the United States. While the expo highlighted China's technological capabilities, the article notes that the real competition is within the country itself. Many Chinese tech companies are struggling to turn a profit, as they face intense competition and regulatory scrutiny. The article suggests that the success of China's tech industry is not as straightforward as the government's displays might suggest.