Singling out Huawei, China's premier defends tech rise, rejects subsidy claims

Short summary

China's Premier Li Qiang defended the nation's technological advances against state-subsidy claims at the World Economic Forum, attributing growth to corporate investment and citing Huawei's strength despite international restrictions. Analysts warn of potential European trade tensions mirroring US concerns over state-backed Chinese technology development. The statement underscores China's strategic positioning in global AI and semiconductor competition.

• •Premier defends against state-subsidy claims, credits firm investment
• •Huawei cited as evidence of resilience under foreign restrictions
• •Europe watching closely; potential trade conflict emerging

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