The US has expanded the list of Chinese technology companies subject to export controls.
The 140 new companies on the so-called “entity list” are almost all based in China and include companies that make computer chips, chip-making tools and equipment used in software.
However, there are also Chinese-owned companies in Japan, South Korea, and Singapore.
The revised rules will also restrict exports of high-bandwidth memory chips to China. Such chips are needed to process large amounts of data in advanced applications such as artificial intelligence.
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The U.S. Bureau of Industry and Security said in a statement that the rule would undermine China’s ability to produce “semiconductors that can be used in the next generation of advanced weapons systems and in artificial intelligence (AI) and advanced computing critical to military applications.” He said it would be. ”.
“Economic coercion”
China’s Ministry of Commerce protested, saying it would act to protect its “rights and interests” without elaborating.
“This is a typical act of economic coercion and non-market practices,” the ministry said in a statement.
U.S. Commerce Secretary Gina Raimondo said the move was aimed at undermining China’s ability to exploit advanced technologies that “pose risks to national security.”
The addition of these companies to the Entity List means that export licenses are likely to be denied to U.S. companies seeking to do business with them.
The U.S. said the list was aimed at preventing companies from using U.S. technology to make advanced semiconductors.
As the US government ramps up pressure on Chinese tech giant Huawei and other Chinese advanced technology manufacturers, including cutting off access to US suppliers, China is worried that the US is pursuing “technological supremacy”. I’m accusing them of being there.
Under pressure from the U.S. government, China has stepped up efforts to develop its own advanced computer chips and other technologies, providing billions of dollars in subsidies and investments to the industry.
Chinese manufacturers are making rapid progress, even though they are still years behind in some areas.
