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Shanghai held a series of commemorative activities on Sunday, August 13th, marking the 86th anniversary of the Battle of Songhu, also known as the Battle of Shanghai. These events aimed to honor the soldiers who fought and sacrificed their lives during the battle against Japanese invaders, while also providing an opportunity for more people to learn about this history.
As the US Department of Commerce on Wednesday issued a statement to celebrate the first anniversary of the so-called CHIPS and Science Act, which was signed into law by US President Joe Biden, financial network CNBC reported that semiconductor manufacturers in the US are still waiting for the subsidies the act promised.
After the US restricted chip sales to China, the global semiconductor sector changed in unforeseen ways that are increasingly beyond Washington's control.
The high-tech field is crucial for a country’s future development prospects, but it also naturally possesses the new characteristic of interconnectedness in this era. It is unrealistic for any country to isolate itself and strive for research dominance in the field of technology. The future of the technology field belongs to countries that embrace the world with open arms. If the US fails to understand this, it will only get further away from its goal to “outcompete” China.
As the Biden administration continues to push for supply chain restructuring, some US media outlets have detected more signs of