A post by @FirstSquawk on X.
China, Netherlands hold export control talks in Shenzhen on November 5, Commerce Ministry says.
@FirstSquawk on X
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China and the Netherlands held export control talks in Shenzhen on November 5, according to the Commerce Ministry. The meeting matters because the Netherlands is home to ASML, the sole supplier of advanced extreme-ultraviolet lithography machines, which China cannot easily replace as it builds out its domestic chip industry. The talks signal both sides are keeping a channel open on semiconductor-related trade restrictions. What to watch next is whether the discussions produce any easing of Dutch licensing rules for chipmaking equipment exports to China.
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Named in this story
China, Netherlands, Commerce Ministry, Shenzhen