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Exclusive: U.S. officials agree on new ways to control high tech exports to China - sources [Reuters]

Intel Corporation (INTC) 
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Company Research Source: Reuters
Exclusive: U.S. officials agree on new ways to control high tech exports to China - sources NEW YORK/WASHINGTON (Reuters) - The Trump administration is tightening rules to prevent China from obtaining advanced U.S. technology for commercial purposes and then diverting it to military use, several sources told Reuters. Three measures agreed to by senior U.S. officials in a meeting last Wednesday, but not finalized, would introduce hurdles that could be used to stop Chinese companies from buying certain optical materials, radar equipment and semiconductors, among other things, from the United States. The moves are advancing as relations between the United States and China, a key customer for U.S. technology, sour over the deadly coronavirus pandemic, which originated in Wuhan, and tit-for-tat expulsions of journalists from each country. They are also a sign of growing nervousness within the U.S. government over China’s “civil-military” fusion promoted by President Xi Jinping, which aims Show less Read more
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