China To Step Up Financial Support For Supply Chains

China has boasted the most complete manufacturing supply chains in the world, but tension with the United States has exposed China’s vulnerability as it relies heavily on U.S. high-tech products, such as semiconductors.

To reduce this exposure, China has unveiled a “dual circulation” strategy to steer industry towards relying more on domestic markets and technology to secure its supply chains.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor