China’s ‘Big Fund’ Gets New Boss To Fight US Chip Export Curbs
China's "Big Fund" has named a new president, who will be tasked with fighting US export curbs that could crimp the country's burgeoning chip exports.
China has appointed a new head of its strategic supply chain fund to fight US restrictions on chip exports, the State Council said on Thursday.
The China Investment Corp. is putting new focus on the global semiconductor industry, with a new chief executive chosen to work with the country's State Council to fight US export curbs.
China's central bank has appointed an economist with ties to the country's top leadership to head its state-owned sovereign wealth fund, in charge of investing trillions of dollars with the aim of managing foreign exchange reserves and driving economic growth.
China's "Big Fund" has named a new president, who will be tasked with fighting US export curbs that could crimp the country's burgeoning chip exports.
China has appointed a new head of its strategic supply chain fund to fight US restrictions on chip exports, the State Council said on Thursday.
The China Investment Corp. is putting new focus on the global semiconductor industry, with a new chief executive chosen to work with the country's State Council to fight US export curbs.
China's central bank has appointed an economist with ties to the country's top leadership to head its state-owned sovereign wealth fund, in charge of investing trillions of dollars with the aim of managing foreign exchange reserves and driving economic growth.
China's "big fund" has tapped a new leader to handle its export push, a move seen as an attempt by Beijing to counteract US President Donald Trump's crackdown on China's technology sector.
Chinese investment giant Canyon Capital will soon get a new Chairman after news of its departure was made public on Thursday.
WASHINGTON, Jan 14: Chinese investment companies are spending big to counter US restrictions on Chinese semiconductor exports, hiring a former top US trade official to lobby lawmakers and checking in with President Donald Trump personally to press their case.
China's "big fund" is the country's sovereign wealth investment authority and wholly-owned by the central government. The official website for China's "big fund" describes it as a "strategic investment vehicle that enhances the interests of national development" and its mission is to invest in projects that create jobs and make strategic contributions to the country's economy.
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