China Woos ASML Chief as New Curbs on Chipmaking Machines Loom
- Dutch announced new chip equipment export curbs this month
- China is hosting foreign bosses this week in charm offensive
ASML Holding manufacturing plant in Berlin.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
China’s Commerce Minister Wang Wentao sought to assure the head of ASML Holding NV that Beijing remains a reliable partner even as the Dutch government imposes new restrictions on exports of advanced semiconductor technology.
Wang told ASML Chief Executive Officer Peter Wennink at a meeting Tuesday that he “hopes ASML will maintain its confidence in investing and collaborating with China, and make significant contributions to China/Netherlands economic cooperation,” according to a readout from the Chinese government.