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Washington, D.C. – House Foreign Affairs Committee Chairman Michael McCaul has released the following statement in response to the bipartisan committee action to disclose updated data on licensing outcomes from the Department of Commerce’s Bureau of Industry and Security (BIS).
“It is unacceptable BIS approved more than $23 billion worth of licenses to sell U.S. technology to blacklisted companies based in China. This critical U.S. technology is going to the Chinese Communist Party’s surveillance and military efforts. BIS must and can do more.”
This updated data can be found here and below.
You can find BIS’s statement here.
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