In a recent development that has caught the attention of the global tech community, the Chinese Commerce Ministry expressed strong dissatisfaction with the Netherlands over its decision to further restrict exports from semiconductor equipment supplier ASML to China.
Despite engaging in multiple rounds of discussions aimed at addressing concerns around semiconductor export controls, China claims that the Dutch government has moved forward with expanding these restrictions unilaterally.
A spokesperson from the Chinese Commerce Ministry accused the United States of pressuring the Netherlands to implement these measures. Beijing argues that such actions are part of a broader strategy by the US to maintain its technological edge on the global stage.
The ministry further contended that these export controls not only disrupt the stability of global semiconductor supply chains but also infringe upon the legitimate rights of Chinese businesses operating in the tech sector.
Urging the Dutch government to reconsider its stance, China emphasized the importance of safeguarding the shared interests of both nations and their respective companies. The ministry highlighted the need to maintain the stability of global industrial and supply chains, which are crucial for technological advancement and economic growth worldwide.
This trade tension underscores the intricate balance between national security concerns and the interconnected nature of global technology markets.
Reference(s):
China displeased with Netherlands' expanded chip export restrictions
cgtn.com
