Inside Cybersecurity

July 2, 2020

Daily News

Commerce's Bureau of Industry and Security seeks budget hike to counter China on tech

February 13, 2020 |
Brett Fortnam

The Bureau of Industry and Security is requesting an 8 percent increase in funding so it can implement the Export Control Reform Act and identify “foundational” and “emerging” technologies, prioritize strategies to combat China’s “Made in China 2025” initiative and its civil-military fusion methods, and better detect export control violations.

The $10 million funding boost is part of the Trump administration’s fiscal 2021 budget request for the Commerce Department. It is proposing to cut the overall Commerce budget nearly in...

Log in to access this content.

Not a subscriber? Sign up for 30 days free access to exclusive news and analysis on cybersecurity regulations and more.