ASML said a license for the shipment of its NXT:2050i and NXT:2100i lithography systems in 2023 has “recently been partially revoked by the Dutch government.” …
Monthly Archives For January 2024
China boosts policy bank loans amid expectations of housing support
China’s central bank made 350 billion yuan ($49.1 billion) in loans to policy banks via its pledged supplementary lending (PSL) facility in December, fuelling expectations of increased support for the …
US Pressured Netherlands to Block China-Bound Chip Machinery
ASML Holding NV canceled shipments of some of its machines to China at the request of US President Joe Biden’s administration, weeks before export bans on the high-end chipmaking equipment came into …
China Seeks Nuclear Fusion Leap Through New R&D Company
China unveiled a new national company and formed a broad coalition of industrial giants to advance research in nuclear fusion technology.
China’s central bank adds liquidity worth $19.36 billion
China’s central bank announced the conduction of 137 billion yuan (about $19.36 billion) of seven-day reverse repos at an interest rate of 1.8% on Tuesday.The move aims …
ASML shares dip after Netherlands revokes licence for some China exports
Computer chip equipment maker ASML said the Dutch government had partially revoked an export licence for the shipment of some of its machines to China, prompting a dip in shares and a protest from Beijing…
China factory activity growth accelerates in December amid stronger output, new orders
China’s Caixin/S&P Global manufacturing purchasing managers’ index (PMI) rose to 50.8 in December from 50.7 in November, data released on Tuesday showed.
TEL thrives with 40% of revenue from China despite US and Japan export controls
Japan-based semiconductor equipment manufacturer Tokyo Electron Limited (TEL) is expected to generate around 40% of its annual revenue, estimated at JPY 700 billion (US$5 billion), from the Chinese market by the conclusion of the fiscal…
China Issues Massive Crude Oil Import Quotas at Start of Year
China has front-loaded its oil import quotas for 2024, with an allocation to private refiners and traders that nearly matches all of the allowances granted for the whole of last year.
Beijing criticises Netherlands’ move to block ASML exports to China
China on Tuesday urged the Netherlands to “respect market principles” a day after chip machine maker ASML said the Dutch government had revoked an export licence covering the shipment of some of its …
Beijing urges Taiwanese to ‘stand on right side of history’ ahead of presidential election
The head of mainland China’s Taiwan Affairs Song Tao Office repeats Beijing’s warnings against independence and says voters should follow the right path.
Dutch Government Blocks Exports Of ASML’s Chip-Making Machines To China
The Netherlands government revoked the export license for the shipment of some chip-making equipment made by ASML to China, the company announced Monday, once again dragging Europe’s most valuable …
Iran-China Trade Exceeds $13 Billion in 11-Month Period: Customs Data
The China Customs announced that the trade exchanges between Iran and China stood at more than $13 billion from January to November 2023, adding that the country’s import of products from Iran in …
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