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The John Batchelor Show

1/2: #PRC: #ChipsAct: #PRC advancing its chips build-out while America continues to trade profitably with the enemy. Emily de La Bruyère, Nathan Picarsic FDD.

The John Batchelor Show

John Batchelor

Books, News, Society & Culture, Arts

4.52.8K Ratings

🗓️ 19 August 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

Photo: 1938. No known restrictions on publication.
@Batchelorshow


1/2: #PRC: #ChipsAct: #PRC advancing its chips build-out while America continues to trade profitably with the enemy. Emily de La Bruyère, Nathan Picarsic FDD.
https://www.fdd.org/analysis/2023/08/16/how-the-us-can-get-its-chips-worth-with-china/



Transcript

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0:00.0

Hey everybody this is Jake Johnson and Garrett Reynolds and we're inviting you to listen to our new podcast

0:05.6

We're here to help yeah

0:06.9

We're an advice podcast where people call in with their problems and we try to help we try we can't stress this enough

0:13.2

We are not professionals and we're not even very good at this so take our advice and listen to we're here to help

0:18.9

Wherever you listen to podcasts

0:22.6

We got it

0:30.0

This is CBS I in the world. I'm John Batcha August 2023

0:35.7

CNBC reporting semi-conductor makers wait for checks one year after

0:41.2

President Biden signs the chips act the chips act recall that much Bally Hood

0:46.2

going to

0:47.5

endorse

0:48.7

US and

0:50.2

For a near-shoring

0:52.0

production called fabs for the best chips in the solar system to my knowledge and

0:57.4

What's happened?

0:59.4

Helping me understand this Emily De La Brie air and Nathan Piccarsick of the foundation for the defensive democracy

1:06.7

Who have a new paper up? I recommend to everyone about one year later

1:12.0

Emily I begin with the fact that the reputation of the people's Republic of China is that they've thrown a great deal of money

1:20.4

At making high-end chips and have fallen short that this is an art form that takes many years and not just cash being pushed in

1:29.1

Also, there were stories in the Wall Street Journal maybe a year two years ago. Maybe more about corruption and money being diverted and a failure of building a

1:38.0

fab and

1:39.0

And Wuhan of all places before the pandemic

...

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