From Breakingviews - Chip dilemma will buy Beijing precious time
Curbs would be painful for the Veldhoven-based company: 2.7 billion euros, or 15% of total revenue, came from the People's Republic in 2021. Rival NikonSlowing demand is another worry: Total chip sales will shrink 4% to $557 billion in 2023, a sharp reversal from the 26% growth in 2021,That will probably make companies wary of quickly and fully embracing Washington's requests. The hesitancy will play in China’s favour.
The two governments are likely to announce in coming weeks they will adopt "at least some" of Washington’s restrictions, the report added. In November, Dutch Trade Minister Liesje Schreinemacher confirmed the Netherlands was in talks with the U.S. government about new export restrictions. In an interview with local newspaper NRC, she said her government would likely introduce new export controls, but that it would “not copy the American measures one-to-one”.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Covid surges through Beijing after China abandons restrictions'More than half of my colleagues have Covid right now,' one Beijing resident told NBC News of the virus surging through the capital of the world’s most populous country.
Weiterlesen »
U.S. launches new 'China House' to coordinate Beijing policyThe State Department has created a new Office of China Coordination, or 'China House,' to coordinate U.S. policies related to the country, the department said in a release Friday.
Weiterlesen »
Breakingviews - Traders will anxiously watch the Bank of JapanShorting the Bank of Japan is the trade of 2023. Gyrations in Japanese bond yields resulting from an abrupt increase in benchmark interest rates could force indebted domestic entities to dump overseas assets, roiling global markets. Portfolio rebalancing is already underway, but it will take a lot of really good news inside Japan for the shift to be bad news elsewhere.
Weiterlesen »
Quick Coconut-Chip SorbetEven ice cream-lovers will love this quick and easy vegan coconut sorbet recipe which shines with tropical flavor and a dark chocolate stracciatella ripple.
Weiterlesen »
Quick Coconut-Chip SorbetEven ice cream-lovers will love this quick and easy vegan coconut sorbet recipe which shines with tropical flavor and a dark chocolate stracciatella ripple.
Weiterlesen »
How to Make the Ultimate Chocolate Chip CookieOur ultimate chocolate chip cookie recipe comes to us from pastry chef Lisa Vega, executive pastry chef of Bay Area chocolate producer, Dandelion.
Weiterlesen »