China opposes semiconductor bill because it will give U.S. advantage -U.S. commerce chief

[F-22Raptor]

WASHINGTON (Reuters) - U.S. Commerce Secretary Gina Raimondo said Wednesday the Chinese government opposes an effort in Congress to ramp up U.S. semiconductor manufacturing because it will give the United States more of a competitive punch.

On Thursday, U.S. lawmakers will open formal negotiations on a compromise measure that would fund $52 billion in semiconductor manufacturing subsidies and boost U.S. competitiveness with Chinese technology. It could still take months to reach a final deal.

Republican Senator Shelley Moore Capito asked Raimondo at a Senate Appropriations subcommittee hearing about a Reuters story and other reports that China had been pushing U.S. executives, companies and business groups to fight against China-related bills in Congress.

"It doesn't surprise me at all. China doesn't want us to pass this bill. They know that this bill will enable us to outcompete them," Raimondo said, saying China had invested $160 billion in domestic semiconductor production. "The last thing they want is for us to invest $52 billion."

Raimondo said she had heard the reports China was lobbying U.S. businesses, saying they were "deeply concerning ... The reason China is so against it is because they know how important it is for us."

The Chinese Embassy did not immediately comment.

Reuters reported in November China's embassy in Washington had sent letters pressing executives to urge members of Congress to alter or drop specific bills that seek to enhance U.S. competitiveness, according to the sources and the text of a letter sent by the embassy's economic and commercial office seen by Reuters.

Chinese officials warned companies they would risk losing market share or revenue in China if the legislation becomes law, according to the text of the letter.

China has said it opposes such legislation, arguing it stokes anti-China sentiment and it's based on Cold War-era thinking.

A persistent shortage of chips has disrupted the automotive and electronics industries, forcing some companies to scale back production. Raimondo and others have called boosting chips production a national security issue.

China opposes semiconductor bill because it will give U.S. advantage -U.S. commerce chief

U.S. Commerce Secretary Gina Raimondo said Wednesday the Chinese government opposes an effort in Congress to ramp up U.S. semiconductor manufacturing because it will give the United States more of a competitive punch. On Thursday, U.S. lawmakers will open formal negotiations on a compromise...

news.yahoo.com

 

[WotTen]

I think the US government should pass legislation to give me two million dollars because, like, um, China opposes it, see.

US Congress should also pass legislation to distribute free ice cream on Wednesdays because -- uh, let's see, um -- yeah, China opposes it.

 

[kankan326]

US politicians are childish.

 

[Nan Yang]

Quote
"It doesn't surprise me at all. China doesn't want us to pass this bill. They know that this bill will enable us to outcompete them," Raimondo said,
End Quote

Translated - Pass this bill or we will call you "Pro China".

 

[hirobo2]

US doesn't even realize how vulnerable their tech/semicon industry is. I bought a Huawei Matebook recently with Windows 11 ENG version. First thing I did was install Deepin OS as a dual boot. I kept Windows 11 offline the whole time since I got the laptop (Windows 11 never saw even 1 sec connected to the internet). This big US company called Microsoft suddenly relegated itself to alt permanently offline OS. What a big joke and embarassment. USA will find its tech industry getting more and more screwed. How is it I live in the West and end up making a Chinese OS as my primary online OS? Something must have gone wrong in the "supply chain" of it all!!

 

[MH.Yang]

The result of the competition between China and the USA in the semiconductor field does not depend on the actions of the USA, but on the actions of China.
With every technological progress in China, the price of semiconductors will gradually be as cheap as potatoes. Americans can do nothing in this case.
In fact, the bill is only issuing tens of billions of dollars more money to senior executives of semiconductor companies to buy more luxury cars and yachts.

 

[LakeHawk180]

How is it I live in the West and end up making a Chinese OS as my primary online OS? Something must have gone wrong in the "supply chain" of it all!!

Why do some people act insane? Why do Chinese trolls claim to do bizzare things and expect everyone else to justify it for them? Something must have gone wrong in the supply chain to the brain!!

If you don’t know how your personal decision making process works, I don’t think asking a bunch of strangers in an international forum would help. There are mental health professionals for this.

 

[chinasun]

Why do some people act insane? Why do Chinese trolls claim to do bizzare things and expect everyone else to justify it for them? Something must have gone wrong in the supply chain to the brain!!

If you don’t know how your personal decision making process works, I don’t think asking a bunch of strangers in an international forum would help. There are mental health professionals for this.

When the United States began to restrict the use of chips and industrial design software by Chinese companies and universities, it was normal for us to consider using open source software such as Linux. You should see a psychiatrist.

 

[S10]

That's how US inflation keeps rising, by artificially creating blockages and inefficiencies in the global trade through sanctions and restrictions.

 

[fallstuff]

I think the US government should pass legislation to give me two million dollars because, like, um, China opposes it, see.

US Congress should also pass legislation to distribute free ice cream on Wednesdays because -- uh, let's see, um -- yeah, China opposes it.

There is an actually an ice cream called Sunday !

 

[Menthol]

I think the US government should pass legislation to give me two million dollars because, like, um, China opposes it, see.

US Congress should also pass legislation to distribute free ice cream on Wednesdays because -- uh, let's see, um -- yeah, China opposes it.

Politicians love to make sensations.

Because of the sensation, their popularity rise.

To be honest, none of their policy is really helping the people.

Semiconductor bill, why not people's happiness and prosperity bill?

Because politicians get nothing from the people, but they get a lot from semiconductor companies.

 

[WotTen]

Semiconductor bill, why not people's happiness and prosperity bill?

Because politicians get nothing from the people, but they get a lot from semiconductor companies.

Self-reliance is a good thing, especially in technology. Building a semiconductor factory is in America's interest without the gratuitous China-bashing.

 

[Broccoli]

Self-reliance is a good thing, especially in technology. Building a semiconductor factory is in America's interest without the gratuitous China-bashing.

It was Chinese who did see a problem with it.

When US gets it's more sophisticated foundries working Chinese threats about destroying Taiwanese chip manufacturing plants become useless as US can make it's own and then some.

World needs more chips and these new plants in US are a good thing.

 

[WotTen]

It was Chinese who did see a problem with it.

When US gets it's more sophisticated foundries working Chinese threats about destroying Taiwanese chip manufacturing plants become useless as US can make it's own and then some.

World needs more chips and these new plants in US are a good thing.

It's nonsense hysteria by some American politicians using Sinophobia to push a bill through Congress.

China can't stop the US building anything domestically, just as the US can't stop China building anything domestically.