China gives more chip design firms a tax break amid trade tensions

China gives more chip design firms a tax break amid trade tensions

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-china-income-tax/china-gives-more-chip-design-firms-a-tax-break-amid-trade-tensions-idUSKCN1SS0OU

China is making preferential tax treatment available to more chip design and software firms, in an effort to support domestic industries amid escalating trade tensions with the United States.