Tag:
China
Forex
China Outbuilds the US in Nuclear Submarines for the First Time — and the Gap Is Widening
China launched 10 nuclear submarines displacing 79,000 tonnes in 2021–2025, outpacing US output for the first time as American shipyards fall behind.
Economy
China’s Semiconductor Output Surges 85% to Record 484 Billion Units
China produced a record 484.3 billion semiconductor units in 2024 — an 85% surge from 2020. Surging output masks collapsing foundry profits, a secret EUV prototype in Shenzhen, and a $47.5 billion state fund betting on self-sufficiency.