China tightens grip on emerging tech, spooking foreign investors

Communist party extends reach to innovative manufacturers amid U.S. sanctions

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Chinese President Xi Jinping has criticized "containment" efforts by the U.S. and other countries. © Reuters

NORIYUKI DOI, Nikkei staff writer

SHANGHAI -- China seeks to extend the growing state influence over its technology sector into new manufacturing fields amid the threat of U.S. sanctions, leaving foreign investors spooked about government involvement in areas expected to drive the country's economy.

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