The United States has extensive licensing requirements in place to keep 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 learned 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 in October found that Chinese entities, mostly state-owned enterprises, legally purchased $38 billion of such equipment in 2024….
US Must Press Allies on Chipmaking Export Loopholes to China: Experts
