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There has never been a time when opportunists didn't take advantage of a panic. That's why some of the most profitable U.S. companies want to use China's hawkishness to get huge subsidies from taxpayers.
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Liu He, China's vice-premier, vowed assistance for the technology sector and plans for internet companies to go public following a meeting with top executives.
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Congress is still debating a $50 billion subsidy package for semiconductor production in the United States. Instead, here are five pro-market policies that would provide the intended results...
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Companies from over the world have been leaving China for a long time now.
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Italy, in recent times, has emerged as a country that is in no mood to take Chinese excesses lying down. To be fair, China was able to keep its wrongdoings hidden for at least three years. However, now that it has been apprehended, its future in Italy is jeopardized. It has lost the trust of Italy, which was already concerned about Chinese activities in its territory.
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Overall, although the CCP and Xi Jinping are hellbent on squeezing out the money that Chinese individuals have saved in order to conceal his bad policy decisions, all of this is destined to be a little band-aid on a shattered limb in the end.
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China's technological challenge, inflation, Build Back Better, and more for the week of December 6th.
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Semiconductors are tiny chips that have become essential to human civilisation. What are they, and why are governments all over the globe frantically attempting to develop local manufacturing capabilities?
There has never been a time when opportunists didn't take advantage of a panic. That's why some of the most profitable U.S. companies want to use China's hawkishness to get huge subsidies from taxpayers.
