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12.03.26 - 14:01
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Commentary: China′s Trillion Yuan Bet on the Future of Semiconductors (Caixin)
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For years, China's approach to its semiconductor industry was defined by a simple rule: build quietly. Due to geopolitical sensitivities, policymakers largely observed a mandate to do more and say less. However, at this year's legislative meetings, that silence was decisively shattered.
... Read more...
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12.03.26 - 04:36
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China′s De-Dollarization Push Meets Washington′s Defense Of The Dollar (ZeroHedge)
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China's De-Dollarization Push Meets Washington's Defense Of The Dollar
Authored by James Gorrie via The Epoch Times (emphasis ours),
For decades, the U.S. dollar has been the foundation of the global financial system. It dominates trade settlement, anchors central-bank reserves, and underpins international financial networks such as SWIFT. That status has given Washington enormous economic and geopolitical leverage.
But from Beijing's perspective, that same system is a strategic vulnerability. Because the dollar sits at the center of global finance, the United States can use it to enforce sanctions, control financial flows, and shape geopolitical outcomes.
China's response has been a long-term strategy known as de-dollarization, which involves a sustained effort to reduce the world's dependence on the U.S. currency through alternative trade mechanisms, financial institutions, and payment systems.
At the same time, many of Washington's recent economic and geopolitical actions—such as t...
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11.03.26 - 01:00
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Shenzhen, Wuxi offer million-yuan subsidies to draw OpenClaw AI agent startups (Digitimes)
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Following Shenzhen Longgang district's rollout of the "Lobster Ten Measures" subsidy program supporting OpenClaw and OPC community development, the Wuxi National Hi-Tech District (WND) in Jiangsu province has introduced similar incentives. The district released a draft policy titled Several Measures on Supporting the Integrated Development of OpenClaw and Other Open-Source Community Projects with the OPC Community, outlining 12 measures with support of up to CNY5 million (approx. US$723,000) per project to attract AI agent developers and startup teams....
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