Is China’s cash injection helping it overtake the US? | DW News

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Is China's cash injection helping it overtake the US? | DW News

China is doubling down on its plan to dominate the advanced tech industry. It is setting up its largest-ever semiconductor state investment fund. The money is meant to help China’s chips catch up with the United States, Taiwan and South Korea. Nigel Inkster, author of ‘The Great Decoupling’, speaks to DW Business about whether China is on a path to becoming a tech superpower.

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#China #US #economy

Date: May 29, 2024