US and Allies Tighten Restrictions on China's Semiconductor Industry
TL;DR Summary
A bipartisan investigation reveals that American and allied companies, including Dutch and Japanese firms, have significantly contributed to China's semiconductor industry by selling equipment and technology, which fuels China's military ambitions, human rights abuses, and economic self-sufficiency. The report warns of the risks to US national security and recommends tighter export controls, aligned international policies, and increased enforcement to preserve US technological leadership.
- New Investigation Reveals American and Allied Companies Boosted the CCP's Semiconductor Industry, Fueled the PRC's Military Ambitions and Human Rights Abuses Select Committee on the CCP | (.gov)
- US lawmakers push expanded chip export curbs on China South China Morning Post
- ASML Shares Fall After US House Panel Slams Its China Sales Bloomberg.com
- China's chipmakers buy US$38 billion in US and allied tools in 2024 despite restriction efforts CNA
- US lawmakers call for broader bans on chipmaking tool sales to China Yahoo Finance
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