China set up its third investment fund to boost chip indu...

What this episode covers

The International Monetary Fund expects China’s economy to grow 5% this year, raising its forecast from the previous 4.6%. The IMF credits this revision to China’s strong economic performance in the first quarter and a raft of new policy measures. What are the main drivers for China’s economy right now (00:40)? China has set up its third investment fund to boost its chip industry. What will be the focal areas of the third phase of the Big Fund for its investment (16:33)?

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Frequently Asked Questions

How long is this episode of Biz Today?

This episode is 27 minutes long.

When was this Biz Today episode published?

This episode was published on May 31, 2024.

What is this episode about?

The International Monetary Fund expects China’s economy to grow 5% this year, raising its forecast from the previous 4.6%. The IMF credits this revision to China’s strong economic performance in the first quarter and a raft of new policy measures....

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