– Netherlands, Japan, US Reach Agreement To Throttle China’s Chip Ambitions As Tech War Heats Up:
The Biden administration could soon get the Netherlands and Japan to join the US in limiting China’s access to advanced semiconductor machinery, undermining Chinese leader Xi Jinping’s ambitions to become a dominant superpower.
According to Bloomberg, US, Dutch and Japanese officials wrapped up talks today on new guidelines for what type of chip-making equipment can be exported to China. Negotiations are closed doors, and there is no plan for a public announcement of restrictions.
The Netherlands will likely curb exports of ASML Holding NV’s ultraviolet lithography machines that produce advanced chips to China. Japan will likely embrace similar limits for Nikon Corp.
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