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Spencer Platt/Getty Images Tech stocks will climb 25% or more over the next year as economic-reopening progress spurs new growth, Wedbush said...

The US is ‘one or two years ahead of China, not five or 10’ and ‘the Chinese are well ahead in areas like face recognition,’ said former Google CEO Eric Schmidt.

US-China tech war: US chip innovation is hurt by Beijing’s ‘mercantilist’ strategies, Washington think tank says US think thank ITIF estimates that China’s protectionist policies have led to 5,100 fewer US semiconductor patents annually Beijing has ramped up support for its domestic semiconductor industry amid US sanctions and increased tension between the two countries

In the context of US-China tech war, analysts said the timing of regulatory approval could be seen as a positive signal to the new US administration.

4d161dde-50a4-11eb-ad83-255e1243236c_image_hires_113254 HONG KONG, Jan 9 (SCMP): China is planning to realign hundreds of “state key laboratories” with the country’s technology priorities and articulate a 10-year programme to boost spending on fundamental science research, as Beijing rolls up its sleeves in competing for tech dominance against the United States. At the national technology working conference on Tuesday, the Ministry of Science and Technology said China will carry out a systemic restructuring of the country’s national key labs and release a 10-year plan to boost the cou...