China is preparing for sanctions by stocking up on chip manufacturing equipment.

Customs statistics show a fourfold increase in equipment imports from the Netherlands.

China is increasing its purchases of lithography equipment from the Dutch company ASML, the market leader. Last year, the country accounted for 29% of total ASML system net sales, up from just 14% in 2022.

However, this figure is likely to decline sharply in 2024 due to US sanctions. ASML has vowed to stop supplying its most advanced equipment to China.

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