• Stock
  • Business
  • Editor’s Pick
  • Politics
  • Tech News
BoostYourVolume.com

A top House Republican is moving to make it harder for China to procure advanced U.S. technology amid longstanding concerns about intellectual property theft by Beijing.

‘My proposed legislation will establish safeguards to prevent future shocks like China’s development of DeepSeek using American technology. In addition to the chips China reportedly stockpiled, it appears China used chips under the current export control threshold to achieve this AI breakthrough,’ House Homeland Security Committee Chairman Mark Green, R-Tenn., told Fox News Digital.

‘This scenario should be a wakeup call — if you give the CCP an inch, it will take a mile. The CCP’s craftiness is coupled with a total disregard for legal and security considerations. We already know that the CCP uses technology to oppress its own citizens and to commit acts of espionage and sabotage against the United States, including major cyberattacks.’

DeepSeek is an artificial intelligence (AI) software company based in Hangzhou, China. Its AI chatbot is known to be similar to ChatGPT, which was made by California-based OpenAI.

DeepSeek’s release of the new high-profile AI model that costs less to run than existing models like those of Meta and OpenAI sent a chill through U.S. markets.

Its popularity in U.S. app stores has also renewed concerns about Chinese companies collecting American data, as well as the Chinese Communist Party’s (CCP) censorship practices.

The surprise DeepSeek release also displayed how China’s economic competitiveness has far outpaced the ability of U.S. business leaders and lawmakers to agree on what to do about it. 

The U.S. Commerce Department is now looking into whether DeepSeek used chips that were banned from entering China via sanctions, Reuters reported. 

Green’s bill would put export controls on certain national interest technology and intellectual property to China.

It would also call for sanctions against foreign actors who sell or purchase such items to and from China, as well as Chinese entities who knowingly use items covered by the export controls.

This post appeared first on FOX NEWS
previous post
MACD Crossovers: Why Most Traders Get It Wrong
next post
Should You Buy Roblox Stock Now? Key Levels to Watch

You may also like

Trump warns of ‘serious consequences’ if Elon Musk...

July 6, 2025

Musk jokes about reconsidering stance on Big Beautiful...

July 6, 2025

Musk deletes explosive posts about Trump and Epstein...

July 6, 2025

House witness flips script on Dem who ambushed...

July 6, 2025

Call with China’s Xi, and Trump-Musk exchange fueled...

July 6, 2025

Trump’s conservative allies warn Congress faces critical ‘test’...

July 6, 2025

TIMELINE: Inside the evolving relationship between Trump and...

July 6, 2025

Deadly drone wars are already here and the...

July 6, 2025

FLASHBACK: Musk accused Trump, GOP leaders of not...

July 6, 2025

‘Right down the line’: Medicaid reform in ‘big,...

July 6, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • Here’s What’s Fueling the Moves in Bitcoin, Gaming, and Metals

    July 12, 2025
  • 3 Stocks Seasoned Investors Should Watch

    July 11, 2025
  • What Happens Next for the S&P 500? Pick Your Path!

    July 11, 2025
  • These 25 Stocks Drive the Market: Are You Watching Them?

    July 11, 2025
  • The CappThesis Market Strength Indicator: What It’s Telling Us Now

    July 11, 2025
  • About Us
  • Contacts
  • Email Whitelisting
  • Privacy Policy
  • Terms and Conditions

Copyright © 2023 BoostYourVolume.com All Rights Reserved.

BoostYourVolume.com
  • Stock
  • Business
  • Editor’s Pick
  • Politics
  • Tech News