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Chinese President Xi Jinping (right) shakes hands with Dutch Prime Minister Mark Rutte at the Great Hall of the People in Beijing, March 27, 2024
[Li Xueren/Xinhua via AP]
CHINESE President Xi Jinping told visiting Dutch Prime Minister Mark Rutte today that attempts to restrict China’s access to technology will not stop the country’s advance.
The Netherlands imposed export licencing requirements in 2023 on the sale of machinery that can make advanced processor chips.
The move came after the United States blocked Chinese access to advanced chips and the equipment to make them, citing security concerns, and urged its allies to follow suit.
Friedrich Merz’s call for a new Plaza Accord ignores how Washington’s 1985 currency ambush destroyed Japan without fixing US deficits — China, a sovereign socialist state with 1.4 billion consumers, cannot be bullied the same way, writes CARLOS MARTINEZ
JENNY CLEGG looks at the key points that defined the China-US relationship, for now