Tech
Analysis: in 2020, Chinese firms bought ~$32B of chip-making equipment from overseas, up 20% YoY, while chip imports climbed to ~$380B or 18% of China's imports (Bloomberg)
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Bloomberg:
Analysis: in 2020, Chinese firms bought ~$32B of chip-making equipment from overseas, up 20% YoY, while chip imports climbed to ~$380B or 18% of China’s imports — – Foreign firms benefit from boom, push to develop industry — Tech self-reliance key strategic aim for China in next 5 years
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