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China Says it Will Work With Netherlands to Ensure Global Supply Chain Stability

AsianFin -- China's Vice Premier Ding Xuexiang expressed China's commitment to enhancing mutual trust and working closely with the Netherlands to uphold stability and efficiency in the global supply chain. He made these remarks during a meeting with Dutch King Willem-Alexander in The Hague, as reported by China's Foreign Ministry on Thursday.

This diplomatic engagement comes shortly after the Dutch government announced plans to tighten export controls on advanced semiconductor equipment, set to take effect on April 1. The export restrictions on semiconductor equipment, initially introduced in 2023 under U.S. pressure to limit exports to China, have been progressively expanded.

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