China encourages key domestic enterprises to increase investment

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China encourages key domestic enterprises to increase investment China FiscalPolicy USDCNY

and promote better supply capacity of the entire chip industry chain,” the country’s Industry Ministry Official Luo Junjie said in a statement on Thursday.

Luo said that he “expects semiconductors will continue to be in short supply over a relatively long period.“Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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