China's Trillion Dollar Bet: Which Sectors and Stocks Are Driving the Assault on Silicon Valley!

China has drawn a new weapon in the AI race : its own capital market. Instead of primarily relying on subsidies as before, Beijing is mobilizing its $28 trillion equity and bond market and directing the world's largest savings reserve, amounting to around $26 trillion, into future industries. The result is reflected in the stock market: the chip-weighted STAR-50 index is up about 30%, while the broad CSI 300 is only 1.4%. A structural advantage helps: large tech companies are financing themselves at bond coupons of about 1.9% – over 300 basis...