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Transcripts for CNN CNN Special Report 20220131 03:35:00

Technological power. when kxi took control in 2012, many expected him to continue opening china s technology. there was a belief among all the leaders in the west that china would continue to integrate towards a private sector-led system. after decades of growth fueled by china s private sector, xi had inherited the world s second largest economy. but china also faces serious challenges: an aging population, crippling death and a slowing export machine. a big concern for the leadership was how to keep the growth going. so they unleashed the tech sector. first the companies seemed like cop copycats. that changed fast. nobody thought china would be a parody to the united states in technology. they thought guys would steal stuff but they couldn t really innovate. by 2020, china s tech sector

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