The Commerce Department has updated and broadened its export controls to stop China from acquiring advanced computer chips and the equipment to manufacture them.
FILE - Commerce Secretary Gina Raimondo testifies during a Senate Commerce, Science, and Transportation hearing Oct. 4, 2023, on Capitol Hill in Washington. The Commerce Department on Oct. 17 updated and broadened its export controls to stop China from acquiring advanced computer chips and the equipment to manufacture them.
The updates stemmed from consulting with industry and conducting technological analyses. There will now be a gray zone that will be monitored for chips that could still be used for military aims even if they might not meet the thresholds for trade limitations.White House condemns a violent crash at the Chinese Consulate in San FranciscoChip exports can also be restricted to companies headquartered in Macau or anywhere under a U.S.
The updates also introduce new requirements that make it more difficult for China to manufacture advanced chips abroad. The list of manufacturing equipment that falls under the export controls has also been expanded, among other changes to the policy. The export controls announced last year were a source of frustration for the Chinese government, which viewed the design and manufacturing of high-level semiconductors as essential for its economic and geopolitical goals. Raimondo has said the limits on these chips are not designed to impair China’s economic growth.. But a senior administration official, insisting on anonymity to discuss the policy, said the U.S.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Philippines denounces China for 'dangerous and offensive' actions in South China SeaThe Philippine military has called out China to stop 'unsafe actions' in the South China Sea, after a Chinese navy ship shadowed and attempted to cut off a Philippine navy vessel conducting a resupply mission late last week.
Read more »
Rocky River Business Expo marches on, but with a new Chamber of Commerce directorThe Rocky River Chamber of Commerce recently held its popular annual Business Expo in the Umerly Center.
Read more »
Could a college competition provide the answer for the Victory Crossing development in Commerce City?Brandon Richard is a reporter for Denver7 in Denver, Colorado.
Read more »
Dallas County's head of election department announces retirementDallas County Elections Administrator Michael Scarpello will retire after three years on the job in his North Texas post.
Read more »
Indigenous groups in Peru’s northernmost department demand mining concession nullityNo 1 source of global mining news and opinion
Read more »
Chargers News: LA Will Add Reinforcements to The Pass Catching Department For MNFHelp is on the way.
Read more »