Joe Biden Administration Review Chip Export Policy To China, Afraid Of Technology Stolen
JAKARTA - The administration of President Joe Biden is reviewing policies for the export of some semiconductor chips to China. This review is to ensure that advanced technological know-how does not end up in Beijing. This was explained by a high-ranking Commerce Department official during a congressional session on Thursday, July 14.
"I'm doing a full review of the policy ... right now," said Alan Estevez, Undersecretary of Commerce for Industry and Security, testifying at a Senate banking committee hearing on Thursday. "And there's also an interagency process looking into this. So there's a red line about what we allow the Chinese to access," Estevez said.
VOIR éGALEMENT:
Estevez, whose bureau oversees restrictions on US exports to countries such as Russia and China, spoke of the cut-off points for the most sensitive semiconductors and the tools to get them allowed to be supplied to China.
The statement came in response to a question from Senator Steve Daine about current US efforts to prevent China from increasing its semiconductor production capabilities by stealing American intellectual property.