Moolenaar blasts new export controls as rife with loopholes

New export controls levied on China by the Bureau of Industry and Security are riddled with loopholes, House Select Committee on the Chinese Communist Party Chair John Moolenaar (R-MI) charged this week, claiming the agency crafted the measures to “purposefully” help Chinese companies. The Commerce Department on Monday unveiled a much-anticipated update to its China-focused controls on semiconductor-related technologies, placing new controls on high-bandwidth memory products, adding two foreign direct product rules to limit China’s access to semiconductor manufacturing equipment...