Breaking the Embargo: Dutch Prime Minister’s Meeting with Chinese President Xi Jinping Highlights Global Semiconductor Industry Tensions and Importance of Cooperation

The Dutch Company that Plays a Crucial Role in China’s Tech Industry

Beijing has granted Dutch Prime Minister Mark Rutte a significant meeting with President Xi Jinping due to China’s reliance on Dutch company ASML in the global semiconductor industry. ASML is the only company capable of producing lithography systems on a large scale, which is essential for semiconductor chip production. This makes ASML a valuable technology group in Europe, and their technology is crucial for China’s technological supremacy.

The global semiconductor industry is a battleground between the US and China, with Taiwan being a key player in chip production. The US passed the Chips Act, imposing an embargo on advanced semiconductor chips to China. In response, China aims to be self-sufficient in semiconductor production, reducing its dependence on Taiwan. Meanwhile, the Netherlands, as a US ally, joined the embargo, impacting ASML’s business in China.

President Xi Jinping criticized Rutte for the embargo, stating that it only leads to division and confrontation. He emphasized China’s right to technological progress and development despite external restrictions. Although China accepts the embargo’s limitations, they seek to ensure that ASML can continue servicing machines in China.

Despite tensions over the semiconductor industry, China recognizes the significance of maintaining a relationship with the Netherlands and ASML. President Xi Jinping’s criticism of Rutte’s decision was a way to assert China’s position but also acknowledges the importance of cooperation in certain areas. In global technology and trade strategic alliances and decisions have far-reaching implications for both parties involved.

In summary: The visit of Dutch Prime Minister Mark Rutte to Beijing is significant because of his country’s reliance on Chinese company ASML in global semiconductor industry. Despite tensions over this issue, both countries recognize the importance of cooperation

Beijing has granted Dutch Prime Minister Mark Rutte a significant meeting with President Xi Jinping due to China’s reliance on Dutch company ASML in the global semiconductor industry. ASML is the only company capable of producing lithography systems on a large scale, which is essential for semiconductor chip production. This makes ASML a valuable technology…

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