IllustrativeUS Sanctions Backfire, Fueling China's Semiconductor Self-Reliance Drive; ETF Returns Hit 196%
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US sanctions appear to be having an unintended effect, potentially accelerating china's efforts to become self-reliant in semiconductor production. This development has led to significant returns for some exchange-traded funds, with one reported return reaching 196%. The outcome suggests that the sanctions may be benefiting certain investments related to china's semiconductor industry.