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94% Of IT Exports To China In 2020 Were Approved

According to data from the Department of Commerce that was studied by the Wall Street Journal, the United States gives its stamp of approval to almost all of the semiconductors, aerospace components, artificial intelligence technology, and other technological goods that are shipped to China.

According to the data, in the year 2020, the United States gave its approval to 94%, or 2,652 of China's requested technology exports. In the year 2021, 88% of technological exports were given the green light. Only one half of one percent of the $125 billion worth of goods that the United States ships to China require a license from the Chinese government.

A bill that included $52 billion in domestic semiconductor manufacturing and $200 billion in tech research was passed by Congress and signed into law by President Joe Biden in response to concerns that China is amassing a formidable arsenal of advanced technologies. These concerns prompted the passage of the bill. (Related: CCP-Linked TikTok to Crack Down on Election "Misinformation" and Partners With the US Government)

According to Bloomberg, the amount of orders for semiconductors placed outside from China increased by 58% in 2021. The manufacture of semiconductors is expected to cost China $150 billion by the year 2030. The production of chips is dominated by China, which is located in Asia.

According to reports, Steve Coonen, a former senior China export-control analyst for the Pentagon, resigned in protest over the United States' weak policies regarding trade with China.

According to the Wall Street Journal, he reportedly stated in an email announcing his retirement that "I have no problem trading with or feeding China." “I have a huge problem with arming China.”

Close links exist between the Chinese Communist Party (CCP) and the government of the United States. According to an exclusive revelation published by the Daily Caller News Foundation, it was discovered that numerous members of the CCP were working for a think tank that was originally led by William Burns, the Director of the Central Intelligence Agency. At least 20 policy specialists who were members of the CCP were employed by Burns' think tank between the months of February 2015 and November 2021.

The preceding is a summary of an article that originally appeared on Daily Caller.

Written by Staff Reports

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