China Steps Up to Support Tech Innovation
April 09, 2024 at 10:14 AM EDT
In an effort to foster more confidence in the economy, China is stepping up to support its technology sector. The People’s Bank of China (PBOC) announced relending program worth nearly $70 billion aimed at stoking innovation among Chinese science and technology companies, indicating there could be positive implications for exchange traded funds such as the [...] The post China Steps Up to Support Tech Innovation appeared first on ETF Trends .