China has long used state-level financing to boost major industries, an effort that has become more urgent amid intensifying rivalry with the US.
Tech war: China’s hi-tech state fund grows to over US$8 billion in self-sufficiency drive
RELATED ARTICLES
China assails US trade official for warning Brazil about joining belt and road plan
AP sources: Chinese hackers targeted phones of Trump, Vance, people associated with Harris campaign
Nasa astronaut hospitalised after return from space station
