Beijing Steps In to Fund Chinese Tech Startups

Published: Oct. 14, 2024, 9:56 a.m.

A.M. Edition for Oct. 14. A sharp drop in venture-capital funding is leading the Chinese government to get more involved in grooming the country\u2019s tech industry. The WSJ\u2019s Liza Lin says that in the long run, that strategy could handicap China\u2019s efforts to catch up with Western advances. Plus, a drone launched by Hezbollah hits a military base, highlighting a weak spot in Israel\u2019s air-defense systems. And, most economists surveyed by WSJ think inflation would be higher under the policies of Donald Trump than those of Kamala Harris. Luke Vargas hosts.\n\n\n\nSign up for the WSJ\u2019s free What\u2019s News newsletter.\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices