Page 39 - Dan Wang News Today

The White House has outlined a sweeping plan to secure the conduits for critical products from medicines to chips, responding in part to the growing economic and political sway of China.

Biden Will Need More Than $52 Billion for Chip Effort Bloomberg 1 hr ago Bloomberg News (Bloomberg) -- President Joe Biden’s blueprint for the U.S. semiconductor industry marks an ambitious effort to set industrial policy for a critical sector of the economy, but the strategy will need more money and global support to take back chip supremacy and preempt a rival effort from China. The White House on Tuesday outlined a sweeping plan to secure the conduits for critical product...

Biden Will Need More Than $52 Billion for Chip Effort, Analysts Say Adam Glanzman/Bloomberg News President Joe Biden’s blueprint for the U.S. semiconductor industry marks an ambitious effort to set industrial policy for a critical sector of the economy, but the strategy will need more money and global support to take back chip supremacy and pre-empt a rival effort from China. The White House on June 8 outlined a sweeping plan to secure the conduits for critical products from medicines to chip...

(Bloomberg) -- A selloff in China Huarong Asset Management Co.’s bonds is once again broadening to the nation’s other major bad-debt managers, raising the stakes for Beijing as it weighs an industry overhaul.Dollar notes issued by China Cinda Asset Management Co., China Orient Asset Management Co. and Great Wall Asset Management Co. are falling at the fastest pace since a knee-jerk tumble in April after Huarong shocked investors by failing to publish annual results.The three Huaron...

The country is facing a demographic crisis, thanks to a declining birthrate and shrinking workforce, which is likely to significantly hamper its economic future, but most experts are skeptical boosting the child limit again will reverse the trends.

Written by Econintersect Guest-- this post authored by Samuel Hammond, Niskanen Center

Dan Wang, A.W. Dreyfoos School of Arts valedictorian

The Siberian city of Novosibirsk holds one piece of the Chinese tech giant’s hopes to shed its dependence on American technology.

THE FIGHT CONTINUES: New York Sen. Kirsten Gillibrand was feeling pretty good about the prospects for her bill that would remove serious, non-military crimes from the authority commanders and instead place them under the jurisdiction of professional military criminal prosecutors.

Navy says sailors who decline vaccine cannot resume normal life Jamie McIntyre © Provided by Washington Examiner DOD header 2020 TURNING UP THE PRESSURE: Life is about to get easier for some hundreds of thousands of naval personnel who have been voluntarily vaccinated against COVID-19, while refuseniks in the fleet will continue to contend with continued restrictions on their freedom of movement and access to facilities. Because the vaccines for COVID have been approved under...