US ramps up 'national security' extortion racket: China Daily editorial
3 months, 2 weeks ago

US ramps up 'national security' extortion racket: China Daily editorial

China Daily  

This file photo shows the logo of chip equipment maker ASML at its booth during Semicon China, a trade fair for the semiconductor industry, in Shanghai, China June 29, 2023. Following its earlier decision to stop exporting state-of-the-art extreme ultraviolet lithography systems to China, the Dutch government announced on Friday it would expand those controls to deep ultraviolet immersion lithography tools. That the Dutch government has finally chosen to surrender a significant national economic interest to meet a US demand is certainly another very bad precedent for international trade. The Dutch government is in fact sacrificing tremendous national economic interests — by confining an otherwise thriving domestic business and its foothold in a profitable market — to make sure the US benefits economically. In recent years, in order to maintain its global hegemony, the US has continued to "coerce certain countries to tighten export control measures on semiconductors and equipment", the Chinese Ministry of Commerce said.

History of this topic

Testament to appeal of China's economy: China Daily editorial
8 months, 4 weeks ago
Dutch public wants to remain neutral if US, China start new Cold War
4 years, 3 months ago

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