China hopes the
Netherlands would support companies in fulfilling their
contractual obligations and ensure “normal” trade of lithography
machines, said Chinese Commerce Minister Wang Wentao.
Info via Reuters on the meeting with Dutch Trade Minister Geoffrey van Leeuwen
on Wednesday,
Both men held in-depth talks on issues including the export
of lithography machines to China and cooperation in the
semiconductor industry, according to a statement from the
Chinese commerce ministry
—
This is in the context of earlier this year, the Dutch government began denying
licences for Dutch firm ASML to export advanced “DUV”
tool lines to China, joining a U.S. effort to curb chip exports
to China.
This from last year:
US is expected to further restrict export of Dutch chip making equipment to China
This article was written by Eamonn Sheridan at www.forexlive.com.