Netherlands and China Signal 'Fresh Start' for Semiconductor Trade Amid Tensions

Dutch Trade Minister Sjoerd Sjoerdsma concluded a high-stakes mission to Beijing this week, focusing on mending economic ties strained by global chip manufacturing restrictions. Both governments report 'extremely well' cooperation on the long-standing Nexperia dispute, a Chinese-owned chipmaker. The Netherlands aims for a 'predictable' environment for Dutch firms amidst U.S. pressure to limit advanced ASML equipment sales to China, while Beijing urges resistance to discriminatory trade curbs and stabilization of the semiconductor supply chain.