China chip giants form US$577 million ‘patient capital’ fund to counter US tech curb

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Source: South China Morning Post
Published: 2026-06-09 17:18 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, Military & Defence, Technology & AI, China, Trade & Sanctions, War & Conflict, Asia Pacific, Technology
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Snippet:
Chip giants launch a 3.91 billion yuan private equity fund to boost the country’s ‘hard tech’ sectors amid tightening US export curbs
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