Chinese President Xi Jinping calls for more research, investment into blockchain technology

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Chinese President Xi Jinping has appealed for greater urgency in the development of blockchain technology in a move analysts say could open up a new front in the country’s growing rivalry with the United States.As general secretary of the Communist Party of China Central Committee, Xi chaired a meeting on the subject with senior cadres.Blockchain would play “an important role in the next round of technological innovation and industrial transformation”, Xinhua quoted him as saying at a group…

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Breaking news, analysis and opinion from the SCMP’s Hong Kong edition.

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