China encourages key domestic enterprises to increase investment China FiscalPolicy USDCNY
and promote better supply capacity of the entire chip industry chain,” the country’s Industry Ministry Official Luo Junjie said in a statement on Thursday.
Luo said that he “expects semiconductors will continue to be in short supply over a relatively long period.“Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China Believes That Omicron Variant Found Its Way to the Country via MailEven as the world battles Omicron, daily cases in China have remained low. Authorities want residents to avoid international mail to curb Omicron spread.
Read more »
Billionaire investor Chamath Palihapitiya says 'nobody cares' about Uyghur genocide in ChinaBillionaire investor Chamath Palihapitiya said during a recent podcast episode that “nobody cares” about the ongoing human rights abuses against the Uyghurs in China.
Read more »
Starbucks Expands Coffee Delivery and Services in China Through Tie-Up With MeituanThe partnership with Meituan comes as Starbucks faces increasing competition from well-funded domestic tea and coffee chains in China such as HeyTea and Manner.
Read more »
China media say foreign parcels suspected in new infections | AP NewsBEIJING (AP) — Chinese state media report parcels mailed from overseas may have spread the omicron variant of the coronavirus in Beijing and elsewhere. Globally, health experts have stressed the virus mainly spreads through respiratory droplets when infected people breathe, speak, cough and sneeze.
Read more »
China suspects COVID-19 might arrive in overseas mailChina is urging people to wear masks and gloves when opening mail, especially from abroad, after authorities suggested the first case of the Omicron coronavirus virus variant found in Beijing could have arrived via a package from Canada.
Read more »