Probe Finds Loopholes Fuel China’s Chipmaking Industry

China is stockpiling chip tech to build out a supply chain as it international restrictions close in. Lawmakers say the US shouldn’t concede this ‘chokepoint.’

Semiconductor chips on a circuit board of a computer, in this illustration picture taken on Feb. 25, 2022. Florence Lo/Illustration/Reuters File Photo

The House Select Committee on the Chinese Communist Party said on Tuesday that key semiconductor manufacturing equipment (SME) companies have sold China the tech it needs to fuel its military modernization on a “large-scale” basis.

The lawmakers released a report on Oct. 7 that highlighted how China remains one of the biggest customers in the chips supply chain despite years of increasing restrictions.