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Biden admin readies China's chip curbs that stop short of earlier proposals

Business Standard LogoBusiness Standard11h ago

Biden admin readies China's chip curbs that stop short of earlier proposals - Business Standard

Quick Summary:

It’s unclear whether Japan or the Netherlands will eventually impose additional restrictions on the Chinese companies that the US now plans to sanction.

They’ve claimed that such sanctions would put them at an unfair disadvantage compared to foreign rivals Tokyo Electron Ltd.and Dutch equipment giant ASML Holding NV, whose governments have not yet agreed to the toughest restrictions on sales to China.

Japan and the Netherlands imposed some China curbs to partially match US measures from 2022, but both countries have resisted recent American pressure for even tighter controls.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 09:38:26 (11 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 639 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23912699

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 288 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

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Website Security: Secure (HTTPS)

Publisher ID: #49

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