Ok, he didn't say I told you so back in Mar 2024. But what he said tantamount to China don't need ASML. Now you know where his confidence came from.China's president says it doesn't need ASML — tells Dutch PM it will continue with advanced technological progress regardless
By Anton Shilov
published March 28, 2024
Xi Jinping meets Mark Rutte.
Chinese President Xi Jinping told Dutch Prime Minister Mark Rutte at a recent meeting that efforts to limit China's access to technological advancements would not deter the nation's progress. This discussion came after the Netherlands imposed export controls on advanced chipmaking tools in alignment with U.S. efforts to restrict China's access to advanced technology out of concern for national security, according to a report by the Associated Press.
"The Chinese people also have the right to legitimate development, and no force can stop the pace of China's scientific and technological development and progress," Xi said.
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Related link: China's president says it doesn't need ASML — tells Dutch PM it will continue with advanced technological progress regardless<
