"One of the few areas of bipartisanship left in Congress is the agreement that the People's Republic of China presents an unprecedented, dire threat to the United States. Chinese Communist Party planning documents explicitly state that its goal is undermining the U.S.-led global economy. Its mission is to dislodge the United States and create a new, autocratic world order, which it will dominate."
"The U.S. tech industry would be wise to take note of this uniquely bipartisan concern and proceed with caution in its engagements with Chinese entities. There is a common saying among the foreign policy and international business communities: the U.S. innovates, the EU regulates and China replicates. After all, the country's actions to steal U.S.-created and -owned intellectual property are so numerous it's hard to go a week without hearing about another outrageous example of their industrial espionage."
"For this reason, in December, Democrats on the House Foreign Affairs Committee introduced the Restoring Export and Security Trade Restrictions for Integrated Circuit Technologies (RESTRICT) Act, H.R. 6879. This bill is a direct response to Donald Trump's dangerous decision made earlier that month, removing export controls on Nvidia's H200 chips to China. If passed, our legislation would prohibit selling H200s - Nvidia's second-most powerful chip - and other comparably advanced chips to China."
Congressional leaders from both parties agree that the People's Republic of China is an unprecedented, dire threat to the United States. Chinese Communist Party planning documents state a goal of undermining the U.S.-led global economy and dislodging the United States to create a new autocratic world order. U.S. tech companies are advised to exercise caution in engagements with Chinese entities due to widespread intellectual property theft and industrial espionage. Democrats introduced the RESTRICT Act to ban advanced chip exports such as Nvidia's H200 to China after the administration removed export controls. Advanced chip sales to China remain under an incomplete national security review.
Read at The Mercury News
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