China Warns The Netherlands of Confrontation Over Chips | Vantage with Palki Sharma
Chinese President Xi Jinping warned of a "confrontation" with The Netherlands unless supply disruptions in the semiconductor supply chain are plugged. The comments were made during a meeting between the Dutch prime minister Mark Rutte and the Chinese leader. Last year, the Dutch government imposed an export licensing regime on chip-making technology under pressure from the US. This has affected the sale of "high value" products by Dutch company ASML to China. ASML is the largest producer of chip-making technology, constituting 62% of the market supply. While the Dutch PM has downplayed the impact of this chip war on overall financial ties, it cannot afford a trade war with Beijing. Palki Sharma tells you why.
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China | Trade War | Xi Jinping | Chips | ASML | The Netherlands | Mark Rutte | Firstpost | World News | Vantage | Palki Sharma
#china #xijinping #markrutte #asml #chipwar #netherlands #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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