China’s New $21 Billion High-Tech Manufacturing Fund Likely to Rankle U.S.

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China’s New $21 Billion High-Tech Manufacturing Fund Likely to Rankle U.S.
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China’s new fund will invest in companies working on areas including new materials, next-generation information technology and electrical equipment

The Trump administration has criticized China for subsidizing the technology and advanced manufacturing sectors

“Made in China 2025” is Beijing’s industrial plan to dominate high-tech industries including robotics, aerospace and computer chips. The Trump administration argues China is using the plan to give its tech companies unfair advantage over foreign rivals. But what is it exactly?

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