China’s private sector is the ‘key engine of innovation,’ says investment firm Update Date: Post Date: CNBC James Thom of Abrdn discusses China’s plan to launch a state-owned ride-hailing app, and weighs in on whether the state poses a threat to private companies. Tags CNBC Related Posts New study points to potential cause of sudden unexplained death in childrenAlexandria Ocasio-Cortez Questions Michael Cohen On Insurance Fraud At Hearing | NBC NewsKate Moss: Johnny Depp ‘Never Pushed Me, Kicked Me Or Threw Me Down Any Stairs’Puerto Ricans Protest Privatization Of Public BeachesNow's the time for PC chipmakers to 'throw the kitchen sink' into their earnings, strategist saysNo sign of missing 11-year-old in Texas but person of interest arrested on unrelated charge Post navigation Whether price strength of copper and aluminum is sustainable is the ‘big question’: Research firmWatch: Five inmates flee in stolen vehicle after escaping Missouri jail