Why China's chip industry still has power despite export curbs

Equipment companies in Japan, Netherlands likely to find ways around sanctions

While the U.S., the Netherlands and Japan combined have a near-monopoly in the global chip equipment market, Chinese companies are some of their largest clients.

MO YELIN, DU ZHIHANG, LIU PEILIN and QIAN TONG, Caixin

April 17, 2023 15:03 JST

Chinese Foreign Minister Qin Gang warned Japan, "Do not do unto others what you don't want done unto you" after Tokyo decided 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 China's Foreign Ministry website. The pair met two days after Japan announced that it would impose export restrictions on 23 types of equipment used to make semiconductors.