Posts Tagged ‘s27bn’

China Plans $27BN ‘Big Fund’ To Counter US’ Tech War

China is preparing to raise billions of dollars for its largest-ever semiconductor fund, aiming to fast-track the advancement of cutting-edge technologies in response to Washington’s worsening trade and tech war.  According to Bloomberg, China’s National Integrated Circuit Industry Investment Fund is pooling capital from local governments, their investment arms, and state-owned enterprises. Sources familiar with the […]

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