The Biden administration approved 192 licenses Valued at over $23 trillion to Ship US Technology and goods to Chinese companies On the following: US trade blacklist In the first quarter, last year’s figures were as follows to A document that was released by US On Friday, the congressional committee will be meeting.
The 192 licenses There were 242 licence applications that were approved between January and March. 2022A chart was shown, and 115 were included in the report. approved Contain controlled technology. 99%, or 8%, of total applications were declined, while 31 were returned unaffected.
Republican representative Michael McCaul (chair of the US House of Representatives foreign Affairs Committee, Friday released license numbers after it was revealed that there were more than $23 trillion worth licenses were approved for suppliers to Companies on the US The department of commerce “entity list” In the first quarter 2022.
McCaul said Friday that the approbations were unacceptable. “This critical US technology is going to the Chinese Communist Party’s surveillance and military efforts,” He stated.
Bureau of Industry and Security, Commerce Department (BIS). “must and can do more.”
Commerce defended these decisions.
“Every license reflected in this data — which primarily involve exports of low-technology …and other items that do not pose significant national security concerns … was carefully reviewed,” In a statement the agency explained that decisions are made jointly by state and federal departments.
BIS further noted that licenses for Some well-known Chinese Companies are subject to the policies of The Trump Administration They do not contain presumptions or denial.
It also pointed out the fact that license applications submitted by exporters are more likely to be approved. licenses These are all generally valid for It is four years and that many are not used to their full potential.
From November 2020 to April 2021 suppliers to China’s Huawei has 113 licenses valued at $61 billion and additional 188 licenses Greenlights for nearly $42 Billion were given for Semiconductor Manufacturing International Corp, (SMIC), to McCaul released October 2021 data based on first-ever data obtained by Reuters
House foreign affairs committee consented to McCaul released the most recent data but only the $23Billion figure. He did not provide details regarding the number. licenses Tuesday’s hearing was on fighting terrorism Chinese aggression.