China Preparing $143 Billion for Its Chip Firms in Face of U.S. Controls

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China Preparing $143 Billion Bundle for Its Chip Firms in Face of U.S. Controls

China is dealing with a more than 1 trillion yuan ($143 billion) support bundle for its semiconductor industry, three sources said, in a significant stage towards independence in chips and to counter U.S. moves pointed toward easing back its mechanical advances..

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