Chinese State Councilor and Secretary-General of the State Council Xiao Jie bows to delegates before delivering a speech during the second plenary session of the National People’s Congress at the Great Hall of the People in Beijing on Tuesday. Greg Baker/AFP via Getty Images
Greg Baker/AFP via Getty Images
TAIPEI, Taiwan — China is proposing to vastly restructure its science, technology and finance regulators as part of an ambitious, ongoing effort to outcompete geopolitical rivals while also tamping down risk at home.
The reorganization
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