Close Menu
West TimelinesWest Timelines
  • News
  • Politics
  • World
    • Africa
    • Asia
    • Australia
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Russia
      • Spain
      • Turkey
      • Ukraine
    • North America
      • United States
      • Canada
    • South America
  • Business
    • Finance
    • Markets
    • Investing
    • Small Business
    • Crypto
  • Elections
  • Entertainment
  • Health
  • Lifestyle
    • Fashion
    • Food & Drink
    • Travel
    • Astrology
  • Weird News
  • Science
  • Sports
    • Soccer
  • Technology
  • Viral Trends
Trending Now

Dubai Spotlight: Analyzing the Evolving Audience Tastes with AI Social Listening Tools in the UAE

3 weeks ago

مرآة التاريخ: تحليل البناء السردي للدروس الخالدة في قصص الأنبياء والإسلام

3 weeks ago

السندات الحكومية والشركات: أساسيات الاستثمار الآمن والدخل الثابت

4 weeks ago

UAE Ranks Among Top Rugby Markets on TOD as British & Irish Lions Tour Kicks Off

5 months ago

Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World

5 months ago
Facebook X (Twitter) Instagram
West TimelinesWest Timelines
  • News
  • US
  • #Elections
  • World
    • North America
      • United States
      • Canada
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Ukraine
      • Russia
      • Turkey
    • Asia
    • Australia
    • Africa
    • South America
  • Politics
  • Business
    • Finance
    • Investing
    • Markets
    • Small Business
    • Crypto
  • Lifestyle
    • Astrology
    • Fashion
    • Food & Drink
    • Travel
  • Health
  • Sports
    • Soccer
  • More
    • Entertainment
    • Technology
    • Science
    • Viral Trends
    • Weird News
Subscribe
  • Israel War
  • Ukraine War
  • United Kingdom
  • Canada
  • Germany
  • France
  • Italy
  • Russia
  • Spain
  • Turkey
  • Ukraine
West TimelinesWest Timelines
Home»Business
Business

Xi, Chinese leader, warns Dutch PM that limiting technology access won’t hinder China’s progress

March 28, 2024No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Telegram Email WhatsApp Copy Link

Chinese leader Xi Jinping emphasized to Dutch Prime Minister Mark Rutte that attempts to restrict China’s access to technology will not hinder the country’s progress. This comes after the Netherlands imposed export licensing requirements on the sale of machinery used to make advanced processor chips, following the United States’ lead in blocking Chinese access to such technology. Xi warned against the creation of scientific and technological barriers, stating that China’s development will not be halted by external forces.

Dutch company ASML, the world’s only producer of machines using extreme ultraviolet lithography to make advanced semiconductors, saw China become its second-largest market in 2023. This accounted for 29% of its revenue as Chinese companies rushed to purchase equipment before the licensing requirement came into effect. Prime Minister Rutte, following his meeting with Xi, emphasized the importance of measures not targeting specific countries and limiting impact on the overall economic relationship. He refrained from disclosing specifics of the talks with Xi.

During the discussions, the war in Ukraine emerged as a key topic, with Rutte asserting to Chinese leaders the direct security threat posed by Russia’s actions. He urged China to leverage its influence discreetly on Russia to alter the course of events. ASML, the largest company in the Netherlands, recently expressed concerns over anti-immigration policies affecting its ability to hire talent, prompting government officials to ensure the company remains in the country. While protecting ASML’s interests is crucial, national security remains a priority, as highlighted by Trade Minister Geoffrey van Leeuwen.

China has accused the U.S. of hindering its economic development by restricting access to technology, prompting Xi to launch initiatives for developing domestic high-tech products. Foreign Ministry spokesperson Wang Wenbin criticized the U.S. for coercing other countries into imposing technological blockades against China under the guise of national security. The issue of NATO and its relationship with Asia did not arise in the talks, despite Rutte being a leading candidate to head the alliance. China has previously criticized NATO for exacerbating regional tensions and encroaching into the Asia-Pacific region.

While Rutte’s discussions with Xi did not touch upon NATO or its Asian ties, the focus remained on addressing the war in Ukraine and navigating economic and technological challenges. China’s neutral stance on the conflict, coupled with its support for Russia, has strained relations with Europe. Rutte stressed the need for China to recognize the broader security implications of the conflict in Ukraine, highlighting the potential threat to Europe if Russia’s actions are left unchecked. ASML’s significance in the global technology landscape has underscored the delicate balance between economic interests and national security concerns in the Netherlands’ discussions with China.

Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest Email Telegram WhatsApp Copy Link

You Might Like

السندات الحكومية والشركات: أساسيات الاستثمار الآمن والدخل الثابت

Array

Array

Array

Array

Array

Editors Picks

مرآة التاريخ: تحليل البناء السردي للدروس الخالدة في قصص الأنبياء والإسلام

3 weeks ago

السندات الحكومية والشركات: أساسيات الاستثمار الآمن والدخل الثابت

4 weeks ago

UAE Ranks Among Top Rugby Markets on TOD as British & Irish Lions Tour Kicks Off

5 months ago

Darven: A New Leap in AI-Powered Legal Technology Launching from the UAE to the World

5 months ago

Jordan to Host Iraq in the Final Round of the Asian World Cup Qualifiers After Securing Historic Spot

6 months ago

Latest News

فلسطين: قلبٌ ينبض بالصمود والأمل

6 months ago

Roland Garros 2025: A New Era of Viewing, A Tribute to Legends, and Moments to Remember

7 months ago

Array

7 months ago
Advertisement
Facebook X (Twitter) TikTok Instagram Threads
© 2025 West Timelines. All Rights Reserved. Developed By: Sawah Solutions
  • Privacy Policy
  • Terms
  • Contact

Type above and press Enter to search. Press Esc to cancel.