The US, Japan and the Netherlands have reached agreement on chip export curbs to China | Forexlive
Bloomberg (gated) carrying the report .
In brief, Bloomberg citing unnamed sources:
- US, Dutch and Japanese officials are set to conclude talks as soon as Friday US time on a new set of limits to what can be supplied to Chinese companies, the people said, asking not to be named because the talks are private.
- Negotiations were ongoing as of late Thursday in Washington.
- Netherlands will enhance restrictions on AMSL
- Japan to set similar limits on Nikon
- There is no plan for a public announcement of restrictions that will likely be just implemented, the people said.
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In restricting China’s access to sophisticated semiconductor equipment the US, Japan, and the Netherlands alliance aimed at limiting China’s plans to develop its own domestic chip capabilities.
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