Synopsis
While the US, the Netherlands and Japan combined have a near monopoly in the global chip-equipment market, Chinese companies are some of their largest clients, particularly for Japanese manufacturers of lithography machines. Despite sanctions, affected firms may still find ways to continue doing business with China.
By Mo Yelin, Du Zhihang, Liu Peilin and Qian TongChinese Foreign Minister Qin Gang warned Japan “do not do unto others what you don’t want done unto you,” after Tokyo’s decision to curb exports of semiconductor gear, joining a U.S.-led pact to limit access for Chinese companies to cutting-edge chip technology.Qin made the comment during a meeting with his Japanese counterpart Yoshimasa Hayashi in Beijing on April 2, according to a statement on
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