A Republican lawmaker has expressed “deep concern” that the U.S. government has been slow to roll out rules to stop American companies from selling their most sophisticated technology to China. “While our regulatory process moves slowly, China is sprinting ahead to acquire critical technology by any means necessary,” U.S. Representative Michael McCaul, ranking member of the House Foreign Affairs committee, said in a letter to Secretary of Commerce Wilbur Ross, obtained by Reuters and dated Oct. 18. The letter seeks an update and timeline on rules, mandated by a law passed last year, to beef up oversight of exports of critical U.S. technologies. The […]