California Democrats fear US tech firm 'death spiral' with more China curbs

Washington has imposed a raft of restrictions on exports of chips and chipmaking equipment to China in recent years, fearing Beijing could use the technology to bolster its military. In a letter dated August 13, Senator Alex Padilla and Representative Zoe Lofgren argued that a further round of controls "could send longstanding U.S. companies into a death spiral," because U.S. allies have not imposed similarly aggressive China export curbs on their own companies.
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