China Premier Visits US-blacklisted Chipmaker in Show of Support

Chinese Premier Li Qiang visited the country’s foremost developer of memory chips, in the latest show of government support for US-sanctioned Yangtze Memory Technologies Co. as the two powers clash over technology.

China’s No. 2 official visited Wuhan-based YMTC and Wuhan Huagong Laser Engineering Co. during a two-day trip in Hubei province, according to a Wednesday reportBloomberg Terminal by the official Xinhua news agency. Li called for further efforts on technology innovations and more targeted policy support to translate research results into real productivity, Xinhua said. He took a tour of the two companies’ production lines and held discussions with their executives.

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