Chinese companies are purchasing US chipmaking equipment to produce advanced semiconductors, despite efforts to curb China's advancements in the US semiconductor industry. A report by the US-China Economic and Security Review Commission criticizes the export restrictions implemented by the Biden administration, stating that importers can claim the equipment is being used on older production lines to bypass restrictions. China has stockpiled equipment by taking advantage of time gaps between the implementation of regulations in different countries.from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/piNR7C9
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