On October 6th, two senior Republicans from the U.S. House of Representatives called on the Biden administration to enhance export control measures concerning advanced semiconductors to China.
The plea came in the form of a letter to National Security Adviser Jake Sullivan, penned by Representative Michael McCaul, the chairman of the House Foreign Affairs Committee, and Representative Mike Gallagher, who chairs the House Select Committee on China.
The duo’s concerns stem from recent technological strides made by China’s premier semiconductor manufacturer, emphasizing that the regulations introduced in 2022 require an overhaul.
They pinpoint certain deficiencies or “loopholes” in the current system.
Their concerns were accentuated by the recent launch of Huawei Technologies’ Mate 60 Pro smartphone.
READ MORE: Binance Market Dominance Dips Amid Regulatory Hurdles and Fee Changes
This device features cutting-edge chips produced by China’s Semiconductor Manufacturing International Corporation (SMIC), a move seemingly sidestepping U.S. sanctions.
In their correspondence, McCaul and Gallagher commented on the system’s lack of responsiveness.
They noted, “The rules set out in 2022 and SMIC’s growing capabilities indicate a bureaucratic system that’s out of touch with China’s industrial ambitions and military goals.
There seems to be a shortfall in technological understanding and a hesitancy to act decisively.”
In light of these concerns, the legislators are pushing for the Biden administration to revamp the regulations quickly, specifically in response to Huawei and SMIC.
Their recommendations extend to curbing Chinese companies’ access to powerful AI chips available through cloud computing.
Furthermore, McCaul and Gallagher underlined the criticality of adhering to existing regulations, especially those that limit Chinese corporations and restrict U.S. officials from ensuring adherence to American export rules.
Other Stories:
Crypto CEO’s Ex-Roommate Testifies About $8-Billion FTX Deficit Amid Fraud Allegations
Bitcoin Stabilizes Near $28,000: Whales, Resistance Levels, and Exchange Dynamics in Play
