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Chip War Escalation: Inside China's New $47.5 Billion 'Big Fund III' Strategy

14 Dec 2025 · 3 min read

Chip War Escalation: Inside China's New $47.5 Billion 'Big Fund III' Strategy

Beijing has officially mobilized its largest state-backed semiconductor fund to date. With $47.5 billion in fresh capital, 'Big Fund III' aims to break US chokeholds on chip equipment and manufacturing.

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