IMO Singapore is going to be a winner in the semiconductor war. Less of a geopolitical hotspot than Taiwan, and easier to recruit Taiwanese engineers than U.S. or Europe (no risk for anti-Asian racism/more Mandarin friendly/closer to Taiwan for family visits).
Chinese Economics Thread
- Thread starter Norfolk
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Singapore will be a winner in the sense that it is increasingly being seen as a safe spot for FDI. And that's all it's ever going to be. A place for Intel, TSMC, Micron, and so on to park their assets. Singapore will never have its own Intel, TSMC or Micron.
All of these companies Intel, TSMC, Micron can't make EUV machines, and therefore Singapore cannot compete against China longer term.
Numbers look a lot better now, I hope growth will be even better going forward as Europe and other countries suffering higher production cost presents a good opportunity to take more factory orders and market share.
Hendrik_2000
Lieutenant General
Well after noisy prediction of Chinese economy slowdown China once again stumped the west Guess the best action is inaction
“We need to learn from the lesson that the Soviet Union failed to seize the opportunity … in the 1970s,” he said. “We must take the initiative to carry out comprehensive reforms – real reforms – to truly smooth out domestic circulation and readjust our mechanism for innovation.
“We should not provoke the US and Europe … but rather wait for their stagflation to get worse, and for these regions to be further weakened from the Russia-Ukraine conflict.”
Beijing is already gauging the impact of global inflation on the Chinese economy, which has seen only a moderate rise in consumer prices while being hard hit by strict coronavirus-control measures.
We should not provoke the US and Europe … but rather wait for their stagflation to get worse, and for these regions to be further weakened from the Russia-Ukraine conflict Liu Yuanchun
He linked the picture today to that of five decades ago, when stagflation caused a recession in the US, while the opposite happened in the former Soviet Union.“We need to learn from the lesson that the Soviet Union failed to seize the opportunity … in the 1970s,” he said. “We must take the initiative to carry out comprehensive reforms – real reforms – to truly smooth out domestic circulation and readjust our mechanism for innovation.
“We should not provoke the US and Europe … but rather wait for their stagflation to get worse, and for these regions to be further weakened from the Russia-Ukraine conflict.”
Beijing is already gauging the impact of global inflation on the Chinese economy, which has seen only a moderate rise in consumer prices while being hard hit by strict coronavirus-control measures.
With the west slipping into recession, this is the perfect time to pump up China's godly industrial muscles and gobble up more market share in high technologies.
Growth returns in June. June composite PMI came 54.1
According to the news release by MIIT, China now has the second largest computation capacity (算力) in the world, more than 140 exaflops in total. It has been growing at 30% in average every year in the last 5 years.
The 14th 5-year plan (2021-2025) specifically requires to create multiple national computation centers with capacities at the exaflop and 10-exaflop scales. To implement this requirement, MIIT and NDRC, etc. have issued a joint directive on constructing 8 national computation hubs (国家算力枢纽节点) all over the country to bootstrap the "Data generated in east, computed in west, consumed in east" project (“东数西算”工程).
The country has the largest computer network infrastructure in the world, with fiber optics connecting all the municipals (地级市). More than 50 millions internet users are now connected on Gbps (1000 Mbps) bandwidth. So far 1.7 million 5G base stations have been deployed to serve the 420 million 5G mobile users.
We have information about the three existing exaflops supercomputers in China, OceanLight in Qingdao, Tianhe-3 in Tianjing, and the Sugon system in Shenzhen. None of these three cities is in the 8 national computation centers as planned by MIIT and NDRC.
So the supercomputers for the 8 national centers must be new.
东数西算工程:
Three known Chinese exascale systems:
No. It's merely an extension of the existing exemptions. No new items has been added to or removed from the list since the last extension.
The statement by the ministry of finance:
This is the list of the exemptions:
This is the statement of the sixth extension mentioned above:
and the list of the exemptions:
I do not see any difference in these two lists.