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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Technology

Technology

China cautions Netherlands against export control abuse.

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration
Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken Feb... Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration
Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration
Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken Feb... Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration

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According to a statement issued by the Chinese Ministry of Commerce, China has requested that the Netherlands refrain from abusing export controls and doing anything that would hamper bilateral cooperation in the semiconductor trade. This request was made in the context of the Chinese Ministry of Commerce’s statement.

The statement, if what was said in it is to be believed, was issued in response to questions from the media. Additionally, it was said that discussions between the two countries had taken place often and on numerous levels regarding the matter in question.

On Friday, the government of the Netherlands imposed new restrictions on the export of certain semiconductor equipment, lending support to an attempt led by the United States to limit the supply of high-tech components to China. This initiative is being led to limit the sale of high-tech components to China.


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