Amid heightened U.S. technological controls over China’s chip and AI industries, the Chinese Communist Party (CCP) has launched its largest semiconductor investment fund to date. However, experts predict that this effort, much like the historical Great Leap China’s $47.5 Billion Fund to Boost Semiconductor Industry Will Likely End in Failure: Analysts
Amid heightened U.S. technological controls over China’s chip and AI industries, the Chinese Communist Party (CCP) has launched its largest semiconductor investment fund to date. However, experts predict that this effort, much like the historical Great Leap 
Zhou Xiaochuan, former governor of the People’s Bank of China, the country’s central bank, called the latest downturn of China’s real estate market “unprecedented” and suggested that “policymaker[s]” should learn from Japan’s experience. The Chinese
News Analysis On May 14, U.S. President Joe Biden enacted legislation imposing tariffs on Chinese electric vehicles and lithium batteries. In a parallel move, European authorities hinted at scrutinizing subsidies associated with Chinese imports in these sectors.