Dutch PM downplays conflict over ASML after meeting with China’s Xi
DUTCH Prime Minister Mark Rutte downplayed conflict between the Netherlands and China over restrictions on the export of equipment made by Dutch firm ASML following a meeting with President Xi Jinping in Beijing. Earlier this year, the Dutch government began denying licences for ASML to export advanced "DUV" tool lines to China, joining a U.S. effort to curb chip exports to the world's second-biggest economy. Now in doubt is whether The Hague will allow ASML to continue servicing the billions of euros worth of advanced equipment it has already sold to Chinese customers that now falls under export restrictions when current licences…
