China's Chipmakers Bought $38 Billion in U.S. and Allied Tools, a Sign Policy Is Failing, Lawmakers Find

By Stephen Nellis SAN FRANCISCO (Reuters) -Gaps in efforts by the U.S. and allies to restrict China’s ability to manufacture advanced computing chips have allowed China to buy nearly $40 billion of sophisticated chipmaking gear, according to a bipartisan investigation by U.S. lawmakers. U.S.