[Point Stone Gold] How does the US "chip bill" affect global trade?

Comments: It is reported that 19 writers sued Zhiwang because Zhiwang published their unauthorized works. In fact, in accordance with the state's relevant provisions on intellectual property rights, the document copyright disputes are not difficult to solve. Whether Zhiwang is infringing, the relevant departments are investigating. The reason why the Zhiwang incident aroused heated discussion is related to the behavioral characteristics of the Internet platform in the digital technology era. In recent years, the new model of Internet platforms as business operations has been rising globally, and its main position in economic activities has emerged. At the same time, the market dominance of the Internet platform has been increasing, and its monopoly has become the main content of government supervision. As an Internet platform that spreads knowledge, whether there is a rent -seeking behavior in Zhiwang should be used as an important task of investigation. The Research Report of the United Nations Trade Conference pointed out that the rent -seeking behavior of the platform refers to "the company seeks to obtain profits by manipulating and using social and political systems" "instead of creating value by production." Zhiwang was investigated, which is of great significance to restrict the market dominance of the Internet platform, stop rent -seeking, and maintain fair competition.

Biden signed a chip bill, "core" is willing to be difficult to achieve

According to China News Network, US President Biden Biden signed a total of $ 280 billion in "Chip and Science Acts" on August 9 to provide huge subsidies for the local chip industry to increase the competitiveness of the United States in the field of science and technology. It is worth noting that the "chip bill" also implies the terms of "competition with China". The analysis believes that the Bayeng government's "core" list is based on the banner of the US economy, but in fact, it refers to China again. It is difficult to hide discrimination and discharge his intentions and implement "political threat". The bill stipulates that if the semiconductor company in the U.S. building is also constructed or expanded an advanced semiconductor manufacturing plant in China or other potential "unfriendly countries", the company will not receive subsidies for the bill.

Comments: The goal of the "Chip and Science Act" is to stimulate the development of the US chip industry. The main method adopted is to give relevant enterprises to subsidies and strengthen the government's direct intervention in the industry. The bill is an industrial policy implemented by the US government. The United States, who believes in free competition, was originally opposed to government intervention in enterprise production behaviors. New liberal economists touted by the United States even sneered at industrial policies. The "Chip and Science Act" indicates that the United States will fully enter the era of government intervention in the economy, and it deviates from the basic national policy that encourages market competition. Moreover, this intervention is mostly based on political purposes. It is very detrimental to economic development with ideological lines. From a global perspective, it is often the source of the trade war to give economic subsidies or specific industries. The US government's approach has violated the World Trade Organization's non -discrimination principles of free trade, which may trigger a trade war, thereby destroying the healthy development of global free trade and the normal operation of the global industrial chain. OPEC has lowered the growth of oil demand growth in 2022, and American oil and cloth oil still rose.

According to the Sino -Singapore Jingwei report, OPEC lowered the prediction of the world's oil demand growth in 2022, which was the third time since April. OPEC said in a monthly report that it is expected that oil demand in 2022 will increase by 3.1 million barrels per day, that is, 3.2%, which is 260,000 barrels per day compared with previous forecasts. OPEC has maintained its growth forecast in 2023 at 2.7 million barrels/day. After the report was released, the oil prices continued to rise, and both the oil and oil and cloth oil rose more than 1%. As of press time, US oil has risen by 1.60%, and cloth oil has risen by 1.47%. The International Energy Agency (IEA) increased demand prospects on Thursday. IEA will increase the growth rate of global oil daily demand in 2022, an increase of 380,000 barrels, an increase of about 2%. It will increase demand by 2.1 million barrels per day in 2022 to 99.7 million barrels; On the day, to 101.8 billion barrels.

Comments: OPEC and the International Energy Agency have made completely different predictions on the prospects of oil demand in the world, which is due to interests. The purpose of OPEC's original establishment was to safeguard the economic interests of the world's oil production countries and maintain high oil prices; and the International Energy Agency was established on behalf of the economic interests of Western oil consumer countries and was established to resist high oil prices. The confrontation between OPEC and the International Energy Agency is actually a dispute over oil prices. For more than 40 years of fighting, the two have their own victory. However, oil prices are ultimately based on global oil supply and demand balance. Starting from global interests, oil producers and consumers should affect the world's oil prices by coordinating, and fighting can only be defeated.

(Writing and reviewing Hou Ruoshi) (Zhongxin Jingwei APP)

"Dianshi Gold" No. 594. This article was selected by the Sino -Singapore Jingwei Research Institute. The copy of the work produced by the selected work, the copyright of the work, is not authorized by any unit or individual. The views involved in the selected content only represent the original author and do not represent the view of the Sino -Singapore Jingwei.

Editor -in -chief: Sun Qingyang intern Zhou Sijing

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