The bill would provide more than $50 billion over five years to subsidize semiconductor manufacturing, a move aimed at competing with China and addressing the global chip shortage that’s disrupting supply chains for things like cars, smartphones and appliances. See more The legislation would create a new directorate of technology and innovation within the National Science Foundation, a government agency that supports research and … See more The bill would provide $10 billion over five years to the Department of Commerce to create regional tech hub programs. A third of the hubs would have to be located in rural areas. See more The American business community has long accused China of engaging with unfair trade practices like intellectual property theft and forced technology transfers. The bill … See more The legislation would requires that the iron, steel, manufactured products and construction materials used in federally funded infrastructure projects is produced in the United States. … See more Web1 day ago · The Japanese technology investor has sold more than $7 billion in Alibaba shares this year through prepaid forward contracts, after selling $29 billion last year, according to the newspaper. ... Softbank once owned about a third of the company spanning from an early $20 million investment in one of venture capital’s most famous bets ...
G7 aims to raise $600 billion to counter China
WebNov 12, 2024 · 01:08. Hong Kong CNN Business —. Fears that Beijing could tighten the screw on China’s biggest tech companies have wiped hundreds of billions of dollars off … WebFeb 8, 2024 · The outperformance is another impediment to global funds such as Bridgewater Associates and Two Sigma, which have struggled to make inroads into China’s 3.8 trillion yuan ($588 billion) hedge fund … grace huffman
Senate approves sprawling $250 billion bill to curtail China’s …
WebJun 9, 2024 · CNN —. The Senate passed rare bipartisan legislation on Tuesday aimed at countering China’s growing influence by investing more than $200 billion in American … WebDec 28, 2024 · China’s Crackdown on Alibaba and Ant Drive $200 Billion Tech Selloff. A slogan is seen at the Alibaba headquarters on December 24, 2024 in Hangzhou, Zhejiang Province of China. A libaba Group ... Web2 days ago · TSMC, the world's largest contract chipmaker, said in January it expects softer demand due to a slowing global economy and would decrease its capital expenditure this … grace huff oklahoma city