China has boosted subsidies for major data centers, slashing their energy bills by up to 50% to support domestic chipmakers and strengthen global competitiveness, according to a report. Chinese Tech Giants Grapple With High Energy CostsSeveral local governments in provinces with a high concentration of data centers, such as Gansu, Guizhou, and Inner Mongolia, have introduced these incentives, the Financial Times reported on Tuesday.These cater to tech behemoths like ByteDance, Alibaba Group Holding Ltd. (NY ...