Beijing has seen a flurry of diplomatic activity in recent months, with leaders from around the world visiting to meet with Chinese President Xi Jinping. But not all meetings are created equal, and Xi’s busy schedule means that he doesn’t always have time to meet with every head of government that comes through his door.
Dutch Prime Minister Mark Rutte is one of the lucky few who will get a chance to sit down with Xi Jinping during his visit to Beijing. As an important trading partner and potential NATO Secretary General, Rutte’s visit holds significance for both China and the Netherlands.
But what makes Rutte’s visit particularly special is China’s dependence on a Dutch company, ASML, in the global technological race. ASML is the only producer of lithography systems used in semiconductor chip production, making it a valuable technology group in Europe. With tensions escalating between China and the US over semiconductor industry dominance, Rutte’s visit could hold strategic importance for both countries.
During their meeting, Xi Jinping is likely to criticize Rutte’s decision to join the embargo on ASML’s export to China. He may emphasize China’s right to progress technologically and hint at the country’s determination to advance despite limitations. But despite these challenges, China is willing to negotiate with the Dutch government to maintain repair services for ASML machines already in China.
The outcome of this meeting could impact the trajectory of global semiconductor industry dynamics and geopolitical relations between China and other countries. It will be interesting to see how Xi Jinping navigates these complex issues and balances China’s need for technological development with its relationships with other world powers.
Ryan Sessegnon, the 24-year-old winger, has decided to leave Tottenham on a free transfer this…
The fusion industry faces a significant challenge in obtaining and storing tritium, a critical component…
Austin FC has reportedly waived winger and designated player Emiliano Rigoni, according to a report…
In Tripoli, Libya, the International Conference on Industry and Technology kicked off with the theme…
On May 15, 2024, at Q2 Stadium in Austin, Texas, USA, it was reported that…
Gina Rinehart, Australia’s wealthiest woman, has recently made headlines for demanding the removal of a…