Venture capitalists, once focused on China’s consumer internet companies, have turned their attention to the country’s semiconductor sector. Photo: Shutterstock
Sino-US tech race turbocharges China chip investment, triggering bubble fear
- A slowdown in China’s consumer internet sector has prompted investors to focus on semiconductor-related companies
- Investors have pushed the share prices of the country’s 45 listed chip makers to more than 100 times the companies’ earnings
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Venture capitalists, once focused on China’s consumer internet companies, have turned their attention to the country’s semiconductor sector. Photo: Shutterstock
