Xi Jinping Criticizes Mark Rutte’s Embargo on ASML, Highlighting China’s Quest for Technological Sovereignty

The Dutch Company that Plays a Crucial Role in China’s Tech Industry

President Xi Jinping of China is a highly influential figure who frequently delegates meetings with foreign leaders to his second-in-command, Prime Minister Li Qiang. Only the most significant guests are granted audience with Xi Jinping, making Dutch Prime Minister Mark Rutte’s visit to Beijing particularly noteworthy in the eyes of the Chinese leadership.

The significance of Rutte’s visit stems from China’s reliance on Dutch technology company ASML in the global semiconductor industry. ASML is the only company capable of producing lithography systems on a massive scale, which is essential for semiconductor chip production. This makes ASML a valuable technology group in Europe and their technology critical for China’s technological supremacy.

China and the United States are engaged in a global battle for technological dominance, with Taiwan playing a crucial role in chip production. China aims to become self-sufficient in semiconductor production, reducing its dependence on Taiwan. In response, the US passed the Chips Act, imposing an embargo on advanced semiconductor chips to China. The Netherlands, as an ally of the US, swiftly joined the embargo, impacting ASML’s business in China.

Xi Jinping criticized Rutte for imposing the embargo on ASML, arguing that it only leads to division and confrontation. He emphasized China’s right to technological progress and development despite external limitations. While China acknowledges the embargo’s constraints, they work tirelessly to ensure that ASML can continue servicing machines in China.

Despite tensions over the semiconductor industry, China recognizes the importance of maintaining relationships with countries like the Netherlands and companies like ASML. Xi Jinping’s criticism of Rutte serves as a way to assert his country’s position but also acknowledges cooperation’s necessity in certain areas. In global technology and trade realms, strategic alliances and decisions have profound implications for both parties involved.

In conclusion, Xi Jinping’s criticism of Mark Rutte’s decision highlights Beijing’s desire for technological independence while acknowledging its importance of maintaining relationships with key players like ASML and other nations involved in global technology trade.

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