China tech bets its chips on a US$577 million fund to counter US restrictions
- Posted on June 9, 2026
- By South China Morning Post
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- 1 min read
China tech bets its chips on a US$577 million fund to counter US restrictions
Chip giants launch a 3.91 billion yuan private equity fund to boost the country’s ‘hard tech’ sectors amid tightening US export curbs.
