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Business groups are divided as China seeks self-reliance.



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China’s push for self-sufficiency in a wide range of industries is dividing foreign companies, with some welcoming it as another chance to invest there while others worry that it will cause risks to the country’s trading partners and its own economy.Two influential groups of foreign businesses in China issued very different reports on Thursday. They revealed a striking divide on whether international companies support China’s push to replace imports with a self-reliant emphasis on domestic production.China has been heavily subsidizing its manufacturers of semiconductors, commercial aircraft, electric cars and other products as part of a …

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