back to article Sales bonanza at ASML as China stockpiles chipmaking kit

China is hurrying to buy as much chipmaking equipment as it can before further export restrictions shut off supply, boosting the country's imports from the Netherlands, home to photolithography maker ASML. The US Department of Commerce issued updated restrictions last month on the export of advanced chips and chipmaking …

  1. NeilPost Silver badge

    You couldn’t make this shit up.

    Broadly the same as Russian Oligarchs being allowed to slosh money and mega-yacht’s around the world to escape what limited reach authorities have before *and after* Ukraine War kicked off.

    1. Lurko

      Sanctions generally aren't intended to have much effect, they're just something to wave at a Western electorate and say "wooh, look what tough action we're taking!". With Europe, you had around €20bn of Russian money in British based banks (and they'd bought the Conservative party years ago), Germany didn't want to give up on Russian gas, and had around €25bn of investments within Russia, and Deutsche Bank were busy laundering a further €20bn of Russian money to offshore destinations, etc etc. In the US, they don't really want to harm China, but the Democrats are trying to appear tough on China because the Orange Loon Cometh, with his rants and tirades about America first.

      1. Snowy Silver badge
        Facepalm

        Not saying Trump is good.

        Your saying America first is bad? while China is actively pursuing China first!

  2. Snowy Silver badge
    Holmes

    Made in China

    With tools made in the west...

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