Founder of U.S. Freight Forwarding Company Pleads Guilty to Conspiring to Illegally Export Goods from the United States to Prohibited Chinese Companies

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Richard Shih, 77, the founder and former chief executive officer of a California-based international logistics and freight forwarding company with offices in Grapevine, Texas, pleaded guilty today to conspiring to…

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Commerce Strengthens Export Controls to Restrict China’s Capability to Produce Advanced Semiconductors for Military Applications

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Washington, D.C. – Today, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) announced a package of rules designed to further impair the People’s Republic of China’s (PRC)…

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