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Benzinga
Benzinga
Business
Eva Mathew

China Dodges US Export Controls, Buys $38 Billion In Chipmaking Equipment, Congress Report Says

China United States ASML KLA Semiconductor
Chipset,On,Circuit,Board,For,China,Semiconductor,Industry,,3d,Rendering

China bought about $38 billion worth of sophisticated chimaking equipment from the U.S. and its allies last year due to gaps in efforts to curb manufacturing, a bipartisan report by U.S. lawmakers has found.

Inconsistencies In Rules Allow Sales

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