China Increases Investment in Domestic Memory Maker to $5.4 Billion: Report
Changxin Xinqiao Memory Technologies gets $5.4 billion from Big Fund.
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Changxin Xinqiao Memory Technologies gets $5.4 billion from Big Fund.
Chinese officials said that the new US chip restrictions contradict fair trade principles, while immediate response from vendors is muted.
US Commerce Secretary Gina Raimondo has arrived in China to discuss issues of business and tourism, a British paper wrote on Sunday.
China plans to discuss eliminating differences with the United States in bilateral trade and economic relations during the upcoming visit of US Secretary of Commerce Gina Raimondo, Chinese Commerce Ministry spokeswoman Shu Jueting said on Thursday.
WASHINGTON : The Republican chairmen of two House of Representatives panels on Friday urged President Joe Biden's administration to rally U.S. allies including Japan and South Korea to defeat Chinese "economic aggression" in the wake of Beijing's effective ban on purchases of Micron Technology memory chips.