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China’s capital markets take on Xi Jinping’s tech ambitions
The comeback they are staging may not be enough
TL;DRAI
Premier Li Qiang endorsed Unitree Robotics ($6B valuation from 10M yuan) heading to IPO, signaling China's robotics priority. For European tech leaders, state-backed competition in autonomous robotics signals urgent need for accelerated R&D and M&A strategy.
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