China, the country that has gone through one of the fastest economic transformations the world has ever seen. You see, for the last 30 years, China's economy has grown significantly. Due to industrialization. China has achieved similar economic growth which previously took decades to achieve for the western world. The country has managed to become the world's factory and the 2nd biggest economy. But in recent times things have been changing, and not in a good way.
On January 25, the U.S. House of Representatives introduced the America COMPETES Act of 2022, a bill to address competition with Beijing and to improve the stability of the U.S. supply chain. A key part of the Act is the creation of a Chip Fund, which would provide $52 billion to encourage U.S. private sector investment in semiconductor production, among other things, to alleviate global chip shortages, and authorize $45 billion to improve the U.S. supply chain, strengthen manufacturing, prevent shortages of critical items, and ensure that more of these products are made in the United States. Since the second half of 2020, the global supply of electronic chips has been experiencing severe shortages, hitting many manufacturing industries such as automobiles, telecommunications and home appliances, and posing a serious threat to the economic recovery of countries.
On January 25, the U.S. House of Representatives introduced the America COMPETES Act of 2022, a bill to address competition with Beijing and to improve the stability of the U.S. supply chain. A key part of the Act is the creation of a Chip Fund, which would provide $52 billion to encourage U.S. private sector investment in semiconductor production, among other things, to alleviate global chip shortages, and authorize $45 billion to improve the U.S. supply chain, strengthen manufacturing, prevent shortages of critical items, and ensure that more of these products are made in the United States. Since the second half of 2020, the global supply of electronic chips has been experiencing severe shortages, hitting many manufacturing industries such as automobiles, telecommunications and home appliances, and posing a serious threat to the economic recovery of countries.
Severe Chip Shortage | U.S.-China Chip Competition | Supply Chain
China Observer 170K subscribers
On January 25, the U.S. House of Representatives introduced the America COMPETES Act of 2022, a bill to address competition with Beijing and to improve the stability of the U.S. supply chain. A key part of the Act is the creation of a Chip Fund, which would provide $52 billion to encourage U.S. private sector investment in semiconductor production, among other things, to alleviate global chip shortages, and authorize $45 billion to improve the U.S. supply chain, strengthen manufacturing, prevent shortages of critical items, and ensure that more of these products are made in the United States. Since the second half of 2020, the global supply of electronic chips has been experiencing severe shortages, hitting many manufacturing industries such as automobiles, telecommunications and home appliances, and posing a serious threat to the economic recovery of countries
Is China the most RACIST country in the world? Foreigners are no longer allowed to enter China, foreigners are being barred from supermarkets, restaurants, bars, karaoke you name it, what's the deal?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Severe Chip Shortage | U.S.-China Chip Competition | Supply Chain
China Observer
170K subscribers
On January 25, the U.S. House of Representatives introduced the America COMPETES Act of 2022, a bill to address competition with Beijing and to improve the stability of the U.S. supply chain. A key part of the Act is the creation of a Chip Fund, which would provide $52 billion to encourage U.S. private sector investment in semiconductor production, among other things, to alleviate global chip shortages, and authorize $45 billion to improve the U.S. supply chain, strengthen manufacturing, prevent shortages of critical items, and ensure that more of these products are made in the United States.
Since the second half of 2020, the global supply of electronic chips has been experiencing severe shortages, hitting many manufacturing industries such as automobiles, telecommunications and home appliances, and posing a serious threat to the economic recovery of countries
https://www.youtube.com/watch?v=O_zSgZpsbTo
2022-02-05 10:42