Tag: Department of Commerce

China Pumps Tens of Billions Into Key Industry Amid Tech War with U.S.

South Carolina Sun Staff
Xi Jinping

The Chinese Communist Party has launched a $47.5 billion state-backed investment fund to strategically boost the semiconductor industry in competition with the U.S., Reuters reported Monday.

The 344 billion yuan investment is the biggest of three funds that have been established, with the first being created in 2014, providing 138.7 billion yuan in capital, and the second in 2019, providing 204 billion yuan, according to Reuters. China is subsidizing its semiconductor industry in a bid to compete with the U.S. in the manufacturing of the technology, with chips showing good potential in both military and consumer aspects.

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‘Clear Violation of the Law’: Biden’s Multi-Billion Dollar Broadband Plan Defies Congressional Mandate, Experts Say

South Carolina Sun Staff
Joe Biden

The Biden administration’s program to expand access to broadband internet may run afoul of the law that created it, experts told the Daily Caller News Foundation.

The National Telecommunications and Information Administration (NTIA), part of the Department of Commerce, is responsible for allocating $42.5 billion in funds intended to bolster the United States’ broadband internet infrastructure through the Broadband Equity Access and Deployment Program (BEAD) program. The agency, in a move to expand high-speed internet access to low-income communities, has been attempting to force states to adopt price controls for broadband services provided through the new projects, a strategy experts say could be illegal.

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Commentary: Republicans Roll over on ‘Climate Change’

South Carolina Sun Staff
Climate Change

Why are Republicans supine in the fight against the Marxist takeover of our entire way of life? They are petrified, for some reason, about engaging the debate on the “science” of “climate change.”

This abandonment of the playing field has allowed climate spending to overtake the landscape like Kudzu vines on steroids.

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