Beijing intervenes to ease chip shortage, prevent disruptions in domestic car production

Source: South China Morning PostChina has stepped in to help ease disruptions in domestic car manufacturing due to chip shortages by publishing a handbook listing suppliers of car chips and demands from carmakers, according to a state-run television network.The car industry, which makes one in every three cars in the world, is bearing the brunt of a global shortage as the nation relies on imports for over 90 per cent of its semiconductor parts, according to government data. Vehicle output fell 15.9 per cent in January to 2.4…Read More

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