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China news: China is pumping another $71.2 billion into its chip industry

China is doubling down on its plan to dominate advanced technologies of the future by setting up its larges.

Today.Az - China sets up third fund with $47.5 bln to boost semiconductor sector

China Sets Up Third Fund With $47.5 Bln To Boost Semiconductor Sector

China has set up its third planned state-backed investment fundto boost its semiconductor industry, with a registered capital of344 billion yuan ($4

China splashes out even more cash on semiconductor industry

Outspending US capitalism China has established its third state-backed investment fund to bolster its semiconductor industry, with a registered capita.

China injects $47.5B into chip industry

China is intensifying its efforts to lead in advanced technologies by establishing its largest-ever state investment fund for semiconductors, as detailed by a government-run agency. Valued at $47.5 billion, this fund comes amid stringent U.S. restrictions on the export of American chips and related technologies, aimed at curbing Beijing's technological ambitions. Six major state-owned banks,