Monday, November 28, 2022

Geopolitical tensions with the U.S. could ‘supercharge’ China’s innovation, JPMorgan says

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  • Tensions between Beijing and Washington have pushed China to be more self sufficient, said Alexander Treves of JPMorgan Asset Management.
  • China has stepped up investment into its chip industry in a bid to be self-reliant in crucial technology needed for electric vehicles, smartphones and more.
  • Separately, in the electric vehicle space in China, Treves said JPMorgan looks for companies with the most pricing power — usually the battery makers rather than specific auto brands.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: CNBC


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