The United States has extensive licensing requirements in place to limit Beijing from obtaining some of the most advanced chips in the world, but much of the equipment used to develop those advanced chips can still be legally purchased by Chinese companies because of loopholes, U.S. lawmakers heard on Nov. 20.
Experts testified to the House Foreign Affairs South and Central Asia Subcommittee that export controls on semiconductor manufacturing equipment are a critical leverage point that the United States holds over Beijing.
A congressional report released last month found that Chinese entities, mostly state-owned enterprises, legally purchased $38 billion of such equipment last year….
US Must Press Allies on Chipmaking Export Loopholes to China: Experts
