China’s ministry at the forefront of US technology rivalry gets a new chief

China has appointed a new head of the Ministry of Industry and Information Technology (MIIT), the government agency on the front line of its technology rivalry with the United States.Xiao Yaqing, who was most recently the head of the State Administration for Market Regulation, will take over from current minister Miao Wei, who has reached the retirement age of 65, according to the official Xinhua News Agency.Having been appointed MIIT party chief on Friday a day after a meeting of China’s…