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China Unleashes $28 Trillion Capital Markets to Challenge US in AI - Bloomberg.com

China Unleashes $28 Trillion Capital Markets to Challenge US in AI - Bloomberg.com

The strategy marks a break from Beijingโ€™s reliance on subsidies and state funding.

Even by the frothy standards of the AI era, CXMT Corp.s trading debut in Shanghai last month was extraordinary. Within a few hours, the memory chip maker seen as Beijings best hope of reducing reliaโ€ฆ [+218 chars]

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