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Water With Your Chips? Semiconductors and Water Scarcity in China

Water With Your Chips? Semiconductors and Water Scarcity in China
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U.S. Senate Passes Industrial Policy Bill to Compete with Beijing - China Digital Times (CDT)

U.S. Senate Passes Industrial Policy Bill to Compete with Beijing
Posted by John Chan | Jun 9, 2021
The United States Senate has passed a landmark, bipartisan bill to dramatically increase government spending on technological development. The bill, known as the U.S. Innovation and Competition Act, allocates $250 billion to spending in sectors deemed critical to America’s competitiveness against China. It now heads to the House, where it still must be reconciled with a bill authored by more skeptical House representatives. The Wall Street Journal’s John D. McKinnon
The legislation represents a potential landmark effort to turn the tide on several long-term trends in U.S. competitiveness. Those include eroding federal investments in research overall and a shrinking share of the world’s semiconductor manufacturing. ....

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Biden Order to Ban Investment in 59 Chinese Defense, Tech Firms

Biden Order to Ban Investment in 59 Chinese Defense, Tech Firms
04 Jun 2021, 06:05 GMT+10
WASHINGTON - The Biden administration will issue a new executive order on Thursday that bans U.S. entities from buying or selling publicly traded securities for 59 Chinese companies with alleged ties to defense or surveillance technology sectors, senior administration officials said.
The Treasury Department will enforce and update on a rolling basis the new ban list, which replaces one from the Department of Defense, the officials, noting the policy would take effect on Aug. 2.
The new order, which is an effort to make a similar Trump-era prohibition more legally sound, signals the administration s intent to ensure that U.S. persons are not financing the military industrial complex of the People s Republic of China, one of the senior officials told reporters. ....

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Biden order to ban investment in 59 Chinese defence and tech firms

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WASHINGTON The Biden administration will issue a new executive order on Thursday that bans U.S. entities from buying or selling publicly traded securities for 59 Chinese companies with alleged ties to defence or surveillance technology sectors, senior administration officials said.
The Treasury Department will enforce and update on a “rolling basis” the new ban list, which replaces one from the Department of Defense, the officials, noting the policy would take effect on Aug. 2.
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Biden order to ban investment in 59 Chinese defense and tech firms

Biden order to ban investment in 59 Chinese defense and tech firms
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Biden order to ban investment in 59 Chinese defense and tech firms
The Biden administration will issue a new executive order on Thursday that bans U.S. entities from buying or selling publicly traded securities for 59 Chinese companies with alleged ties to defense or surveillance technology sectors, senior administration officials said.
FILE PHOTO: U.S. President Joe Biden delivers remarks on the administration s coronavirus disease (COVID-19) response in the Eisenhower Executive Office Building s South Court Auditorium at the White House in Washington, U.S., June 2, 2021. REUTERS/Carlos Barria ....

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