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China 'firmly opposes' new US law on processor chips
short by Indraneel Sen / on 10 Aug 2022,Wednesday
China on Wednesday said it "firmly opposes" a recently signed US law which encourages domestic producers of processor chips to reduce dependence on Asian suppliers. This week, US President Joe Biden promised $52 billion in grants to investors in chip factories in the US. China said this will "disrupt international trade and distort global semiconductor supply chains".
short by Indraneel Sen / 11:09 pm on 10 Aug
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