Deal breaker? China nationalizes strategic tech with eye on US

Beijing takes control of 44 companies despite Washington pressure in trade talks

20200116N Meiya Pico

Meiya Pico, a Chinese digital forensics and cybersecurity company, has come under state control. (Photo from the company's website)

SHUNSUKE TABETA, Nikkei staff writer

BEIJING -- China is taking throngs of high-tech companies under its wing to prepare for a protracted standoff with the U.S. despite calls from Washington to step back from the business sector.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.