Deploy in Biden's illness, smashing 280 billion US dollars to deal with China

On the 27th local time, the US Senate passed 33 votes to 33 votes, and passed the "chip and science" bill up to $ 280 billion in scale. Essence

The bill integrates economic and national security policies, including two important contents of competition in China: First, it provides US semiconductor companies with $ 52 billion subsidies and additional tax credits. The second is to provide about US $ 200 billion in scientific research, especially in cutting -edge fields such as artificial intelligence, robotics, and quantum computing.

Chang'an Street Knowledge (WeChat ID: CapitalNews) noticed that some of the terms in the bill are clearly targeted at China without any concealment. For example, US semiconductor companies receiving subsidies shall not expand the scale of existing factories or build new factories in China and other countries, otherwise the US Department of Commerce will withdraw the funds provided by the bill.

In addition, the bill states that although a large amount of funds are provided for scientific research, universities that will be prohibited from educational cooperative relationships (that is, the Confucius Institute) will obtain research funds, unless the university ensures that there is a complete management right to the Confucius Institute to exempt.

Republican Senator John Cole sighed, "The sleeping giant in the United States has finally awakened, and we face challenges from China."

In the past few days, the White House has made great efforts to promote the bill, and Biden, who infected the new crown virus, also made his own.

On the 24th, the US Minister of Commerce Raymond Doro said in an interview that semiconductor supply rely on Asia. "The complex chips used for military equipment and high -end computing, we bought almost all from Taiwan, which is really amazing."

On the 25th, Biden, who was isolation in the White House, held video conferences with corporate leaders and government officials to vigorously sell the chip bill, saying that it was essential to ensure that the United States became the most economical country in the world. He also said, "The United States has invented semiconductors, it's time to take it home."

For American semiconductor companies, high subsidies have a strong attraction, but there are still two major problems in the bill.

The first is to limit the development of US companies to invest in China, and it has to lose money. The US media recently exposed that Intel and the US Semiconductor Industry Association are lobbying US government officials and members, hoping to reduce the setting of so -called "guardrails" to China, allowing US semiconductor companies to develop in China.

The second is that far water cannot save nearly fire. It takes at least two to three years to build a new semiconductor factory in the United States, and the shortage of chip shortages is still difficult to solve. GM said that more than 90,000 unfinished cars are waiting for chips and other components.

As we all know, the United States' policy of suppressing China's chip development has continued for several years. Recently, it has been intensified -from the pressure of pressure on the Dutch government to prohibit Asto from selling deep -ultraviolet light engraving machines to China, to the US Treasury Secretary Yellen selling the so -called "Friends Outsourcing Strategy" in South Korea, and then requiring to reply to South Korea before the end of August August Whether to add the "chip square alliance" led by the United States.

However, how did this set of "combination boxing" played by the United States?

According to data from the China Semiconductor Industry Association, the total sales of Chinese chip -related companies in 2021 increased by 18%, reaching a record of over 1 trillion yuan.

Bloomberg data shows that in the past four quarters, 19 fastest -growing chip industry companies in the world have been from China in the past four quarters, and this data in the same period last year was 8. It is reported that the income growth rate of these Chinese chip industry companies is several times that of well -known semiconductor companies such as Asmai.

The high globalization of the chip industry is the result of the common role of market laws and enterprises. The United States forcibly engaged in "decoupling", not only could not "hurt the enemy", but also damaged 800.

According to Boston Consulting (BCG) estimates, if Washington has adopted a policy of "technical hard decoupling" in China to completely ban US semiconductor companies from exporting products to China, US semiconductor companies will lose 18%of global market share and 37%income and reduce 15,000 to 40,000 high -skilled jobs.

In addition, for the United States, which is not very optimistic about the economic situation, the chip bill will also increase the government budget deficit of $ 79.3 billion in the next 10 years.

It is said that attempting to block others will eventually only block your own way.

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