: Chinese leader Xi Jinping on Wednesday told Dutch Prime Minister Mark Rutte that China’s technological progress could not be held back, as they met in Beijing for talks on subjects including the crucial semiconductor industry.
ASML announced this year that it had been blocked from exporting “a small number” of its advanced machines to China, amid reports of US pressure on the Dutch government. “There is no way out for ‘decoupling and breaking the chain,‘ and opening-up and cooperation are the only choice,“ Xinhua quoted him as saying.
“We always try to make sure that the impact is limited, it’s not impacting the supply chain and therefore is not impacting, let’s say, the overall economic relationship.” ASML has previously shrugged off the financial impact of the geopolitical headwinds, with top officials saying the firm is well-placed to weather the storm.
The Dutch prime minister -- regarded as a likely candidate for the next secretary-general of NATO -- said Wednesday that the Western military alliance did not come up in his discussions with Chinese leaders.
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