Two Chinese entrepreneurs, Derek Li and Rick Chang, separately jumped into the country’s tech boom nearly a decade ago, in the early days of Xi Jinping’s rule.

China’s mobile-technology market was exploding, fueled by generous government subsidies and a light touch from regulators. Their respective businesses benefited greatly from the dynamism in China’s tech sector, underpinned by Mr. Xi’s push for innovation and entrepreneurship.

This post first appeared on wsj.com

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