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Xi Tells Dutch PM to Avoid Decoupling Amid US Pressure on Chips

The Netherlands is home to ASML.

Source: ASML Holding NV
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President Xi Jinping urged Dutch leader Mark Rutte to avoid “decoupling” as the US pressures the Netherlands to avoid selling high-end chips to China.

In a meeting on Tuesday in Bali, Indonesia, where they are both attending the Group of 20 summit, Xi stressed the need for cooperation and said China would work with the Netherlands to “maintain and practice genuine multilateralism,” state broadcaster CCTV reportedBloomberg Terminal.