Japan, Netherlands to join U.S. in China chip curbs – Bloomberg News

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In October, the Biden administration published a series of curbs aimed at stopping the export of chip-making technology and certain chips made through U.S. equipment anywhere in the world to China.

Apart from some U.S. gear suppliers, Japan’s Tokyo Electron Ltd and Dutch lithography specialist ASML Holding (NASDAQ:ASML) NV were the two critical players needed to make the sanctions effective, making their governments’ adoption of the curbs a key milestone, the report said.

The new curbs may be announced in the coming weeks, according to the report.

Japan’s Ministry of Economy, Trade and Industry did not immediately respond to a Reuters request for comment, while a spokesperson from the Netherlands’ foreign affairs ministry declined to comment.