in

China Terms $52 Billion US CHIPS And Science Act Threat to Trade: Details

China Claims US CHIPS And Science Act Will Disrupt International Trade, Distort Global Semiconductor Supply Chains

China on Wednesday criticized a US law to encourage processor chip production in the United States and reduce reliance on Asian suppliers as a threat to trade and an attack on Chinese business. The law signed this week by President Joe Biden promises $52 billion (roughly Rs. 4,11,300 crore) in grants and other aid to investors in US chip factories. It responds in part to warnings that supplies might be disrupted if China attacks Taiwan,…


Posted by Editor

Leave a Reply

daily horoscope

What’s in store for today? Your horoscope for Thursday, August 11, 2022

Timo Werner news

Man Utd wanted to sign Timo Werner