State media: China appoints Zhang Xin to lead its state-backed chip investment fund, known as the Big Fund, seeking to counter US-led sanctions on its industry (Bloomberg) | Techland

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Bloomberg:
State media: China appoints Zhang Xin to lead its state-backed chip investment fund, known as the Big Fund, seeking to counter US-led sanctions on its industry — China has assigned a new chief for a high-profile, state-backed chip investment fund amid a renewed push to pour resources …