Dutch Prime Minister Mark Rutte is in Beijing for high-stakes discussions with Chinese leaders, addressing pressing global issues such as conflicts in Ukraine and Gaza, alongside Dutch regulations on high-tech exports, particularly semiconductor manufacturing equipment.
In response to US security concerns, the Netherlands enforced export licensing requirements in 2023 for machinery capable of producing advanced processor chips, echoing US policies. Rutte, along with Trade Minister Geoffrey van Leeuwen, is engaging with top Chinese leaders Xi Jinping and Premier Li Qiang during this diplomatic mission.
ASML, a Dutch company specializing in semiconductor manufacturing equipment, faces significant implications from these export restrictions. With China being ASML’s second-largest market, tensions over technology access have escalated, prompting China’s pursuit of self-reliance in high-tech industries.
China’s stance against perceived US technological containment efforts further complicates discussions. Moreover, NATO’s expanding presence in Asia adds another layer of contention, given Rutte’s potential leadership role in the organization.
China’s neutrality in the Ukraine conflict and its economic support for Russia have strained relations with Europe, where Russia’s actions are viewed as aggressive. Additionally, ASML’s concerns over immigration policies highlight the delicate balance between economic interests and national security.
Van Leeuwen emphasized ASML’s importance to Dutch interests but acknowledged the primacy of national security concerns. These talks underscore the intricate interplay between geopolitics, trade, and security in today’s global landscape.