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Bloomberg Markets and Finance published this video item, entitled “China to Pour More Money Into Chips, AI, 5G to Catch U.S.” – below is their description.
Mar.15 — Randy Abrams, head of Taiwan securities research at Credit Suisse Group AG, discusses China’s ambition to end its reliance on U.S. tech, the support that tech is receiving in China and his outlook for the sector. He speaks on “Bloomberg Daybreak: Asia.”Bloomberg Markets and Finance YouTube Channel
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The political status of Taiwan is complicated. The Republic of China (ROC) is no longer a member of the UN, having been replaced by the People’s Republic of China (PRC) in 1971. Taiwan is claimed by the PRC, which refuses diplomatic relations with countries that recognise the ROC. Taiwan maintains official diplomatic relations with 14 out of 193 UN member states and the Holy See.