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China Responds to US Export Controls with Push for Domestic Semiconductor Industry /
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2024-07-17 16:05:13

China Responds to US Export Controls with Push for Domestic Semiconductor Industry on Nostr: China Trade War Fears Impact Global Stock Market as $260 Billion is Wiped Off ...

China Trade War Fears Impact Global Stock Market as $260 Billion is Wiped Off Companies' Value
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#33a0847c ver:0.54

Fears of a China trade war cause global stock market decline, wiping off $260 billion from companies' value. Biden administration plans stricter trade regulations on chip exports to China, impacting tech stocks. Investors advised to diversify portfolios. US aims to transform chip supply chain, attract foreign investments, and reduce dependence on China. $395 billion invested in semiconductor manufacturing in the past 3 years. US projected to increase global chip manufacturing share to 14% by 2032. Coercive chip diplomacy used to prevent China from replicating American technology. #TradeWar #StockMarket #TechStocks #ChipSupplyChain #Investment #China...

#newstr #China #TradeWar #StockMarket #TechnologyStocks

https://here.news/story/33a0847c?ver=0.54
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