China's chipmakers spend $38 billion on US and allied equipment, bypassing restrictions

channelnewsasia.com

China's chipmakers spent $38 billion on US and allied equipment in 2024, bypassing restrictions. Gaps in US, Japan, and Netherlands export rules allowed Chinese firms to legally purchase advanced chipmaking tools, increasing sales by 66% from 2022. The report calls for broader allied bans on chipmaking tool sales to China, citing national security and human rights concerns.


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