Growth in the semiconductor industry growth would support China's tech progress.
KUALA LUMPUR: Moody’s Investors Service views China’s (A1 stable) potential jump in investment to achieve a 70% self-sufficiency ratio in semiconductors by 2025 could boost its tech growth.
Moody's said on Monday however, achieving semiconductor self-reliance for China likely will be long and challenging, and could have far-reaching credit impacts on the sovereign, domestic companies and international manufacturers.
