CHINA-ECONOMY: VICE PREMIER LIU HE TRIES TO EASE CONCERNS OF CHINESE TECH GIANTS

Vice Premier Liu He, who is also Xi Jinping's economic affairs aide, on May 17 indicated that Beijing may ease up on a year-long clampdown on technology giants as it battles a slowing economy. After a symposium with the heads of some of the nation’s largest private firms. Baidu Inc. founder Robin Li, Qihoo 360 Technology Co.’s Zhou Hongyu and NetEase Inc. chief William Ding, Vice Premier Liu He said the relationship between government and markets “should be handled well.” His remarks were, however, short on detail. The meeting between Liu and tech company representatives was facilitated by the Chinese People’s Political Consultative Conference (CPPCC).





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