Its long been thought that 10,000 is the magic number, but could walking 5,000 steps a day be enough to see a benefit . The white house is marking one year since President Biden signed the chips for america legislation. It earmarked 52. 7 million in subisdies for the Semiconductor Industry in the us. The Commerce Department started taking in applications injune for the Subsidy Programme for Us Semiconductor manufacturing and since then, more than 460 companies have expressed interest in the funding. The programme is part of the administrations bid to boost competitiveness with chinas science and technology. The Commerce Department is also tyring to ensure that china doesnt benefit from the subsidies. Adrienne elrod is director of external and Government Affairs in the chips for America Office of the Us Department of commerce. How does the Biden Administration believe this legislation serves economic and National Security . First of all i think, thank you for having me, it is great to t
to respond to local government debt and real estate troubles. another priority is to get financial regulators to work more closely together so they can co ordinate the event of an economic shock. janet yellen is slowly emerging as a key player in the biden administration s handling of this challenging relationship between the world s two superpowers and she said she plans to visit china again and she said she plans to visit china again next year, her second visit since july. china industrial output grew 6%, faster than the 4.6% gain in october. retail sales also grew but missed forecast chinese consumers have been reluctant to spend amid a deepening crisis in the country s property sector and economic slowdown. a majorfault line between washington and beijing is the race to develop semiconductors. chips power everything from smartphones to military highend equipment and are increasingly seen as crucial to the global economy. south korea and the netherlands two keynotes south
local government that and real estate troubles. another priority is to get financial regulators to work more closely together so they can co ordinate the event of an economic shock. janet yellen is a slowly emerging as a key player in the biden administration s handling of this challenging relationship between the world s two superpowers and she said she plans to visit china again next year, a second visit since july. a majorfault line between washington and beijing is a race to develop semiconductors. chips power everything from smart on stuani and military equipment and are increasingly seen as crucial to the global economy. smartphones to eye hand equipment. career and the netherlands to keynotes in the global chip production, said they are partnering up as well. south korea. translation: 0ur south korea. translation: our two countries have decided to establish a semiconductor alliance encompassing governments, businesses and universities. the netherlands are the
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