Lawmakers urge US govt to further tighten restrictions on China’s SMIC
Two key Republican lawmakers on Tuesday urged the Trump administration to strengthen new rules adopted Friday aimed at preventing China’s biggest chipmaker SMIC from getting access to advanced US technology.
Senator Marco Rubio and Representative Michael McCaul said the Entity List designation by the US Commerce Department was not strict enough and should be rewritten to close “dangerous loopholes that would allow nearly all sales to SMIC to continue without restriction and support the (Chinese Communist Party’s) stated goal of military preeminence.” The letter said they were concerned that without changes the rules would be “utterly ineffective in addressing this growing national security threat.”
The Commerce Department declined to comment, but Commerce Secretary Wilbur Ross said Friday the designation was a “necessary measure to ensure that China, through its national champion SMIC, is not able to leverage US technologies to enable indigenous advanced technology levels to support its destabilizing military activities.”
The lawmakers are concerned because the restrictions apply only to technology “uniquely” required to produce semiconductors at 10 nanometers and below. The administration “seems to be allowing SMIC access to nearly all semiconductor manufacturing equipment,” they wrote.
The lawmakers said they were concerned the new rules were “done for show and parochial commercial interests at the expense of US national security.”
SMIC said Sunday that being put on a US trade blacklist would pose a significant adverse impact to its research and development in its 10-nanometer and more advanced chip technology, but said it did not expect the US decision to have a major negative impact on its short-term operations and finances.
A no-confidence motion tabled by the Opposition against Sri Lankan President Gotabaya Rajapaksa was defeated in Parliament on Tuesday, media reports said. The motion by Opposition Tamil National Alliance MP M A Sumanthiran to suspend Parliament's standing orders in order to debate an expression of displeasure over President Rajapaksa was defeated with 119 MPs voting against it, the Economy Next newspaper reported. Only 68 MPs voted in favour of the motion, it said.
The United States hopes “India would reconsider” its decision to ban wheat exports which “will make the current global food shortage even worse”, an envoy said on Monday amid concerns with no end in sight for the Ukraine war. Agriculture ministers from the Group of Seven nations on Saturday also emphasised that India's decision to ban wheat exports would worsen the global food shortage.
Canada will quickly ratify the membership of Finland and Sweden in the North Atlantic Treaty Organisation (Nato), as and when it has been approved. Speaking to reporters during the course of a teleconference from Brussels, Canada's Minister of Foreign Affairs Melanie Joly said such ratification has support from across party lines in Canada.
The United Kingdom on Tuesday accused Russia of being prepared for artillery use against inhabited civilian areas in Chernihiv, to the north of Ukraine's Capital, Kyiv, pointing to what it said was the 'scale of damage' to residential buildings caused by Moscow's troops in the region. The UK also projected that Moscow, in a bid to regain momentum in its advance in the Donbas area, would keep relying 'heavily' on massed artillery strikes.
Sri Lanka's new government plans to sell its national airline to stem losses, part of efforts to stabilize the nation's finances even as authorities are forced to print money to pay government salaries. The new administration plans to privatize Sri Lankan Airlines, Prime Minister Ranil Wickremesinghe said in a televised address to the nation Monday.