Day: August 9, 2022

Biden Signs Industrial Policy Bill Aimed at Bolstering Competition With China

Chin@Strategy

WASHINGTON — President Biden on Tuesday signed into law a sprawling $280 billion bill aimed at bolstering American chip manufacturing to address global supply chain issues and counter the rising influence of China, part of a renewed effort by the White House to galvanize its base around a recent slate of legislative victories. Standing before business leaders and lawmakers in the Rose Garden, Mr. Biden said the bill was proof that bipartisanship in Washington could produce legislation that would build up a technology sector, lure semiconductor manufacturing back to the…

As more space junk falls to Earth, should we be worried?

Chin@Strategy

Last week, debris from a suspected Chinese booster rocket made an uncontrolled return to Earth, reportedly falling just metres from villages in Malaysia and Indonesia, and triggering a rebuke from Nasa. This follows the recent discovery of SpaceX debris on a sheep farm in regional NSW. Jane Lee speaks to ANU astrophysicist Dr Brad Tucker and reporter Natasha May about why more space junk is falling to Earth, what risks it poses to our safety How to listen to podcasts: everything you need to know The Guardian

‘Return to calm’: Australia repeats calls for end to China’s military drills around Taiwan

Chin@Strategy

Australia has again called for an end to China’s military drills near Taiwan, and a “return to calm”, as China has demanded that Australia stop interfering in its affairs. China has been conducting live-fire drills near Taiwan in the wake of a visit from the US house speaker, Nancy Pelosi. Australia does not recognise Taiwan as a country under the One China policy, but maintains unofficial ties. The US recognises the One China policy without agreeing with it. Beijing, meanwhile, expects to one day control the island. Defence minister, Richard…