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Netherlands Poised to Align With U S on China Export Controls Amid Diplomatic Strain

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

Netherlands expected to yield to US pressure over chip machines sold to China

Netherlands expected to yield to US pressure over chip machines sold to China
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Netherlands Poised to Align With U S on China Export Controls Amid Diplomatic Strain

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

Dutch set to comply with US demands on China exports

Analysis-Dutch set to comply with U S demands on China exports

U.S. demands that chipmaking giant ASML stop servicing some equipment it has sold to Chinese customers are a diplomatic and business headache for the Dutch government, but signs are it will continue to align with Washington on export restrictions. Although Prime Minister Mark Rutte's government is reluctant to make a blanket decision, its public statements and national security interests suggest it will be slow to approve Chinese maintenance requests in future and quick to deny them. That would be a setback for China's attempts to build up its domestic chip industry, because ASML gear is almost impossible to replace and will break down over time if not maintained.

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