ASML sees a limited impact of the US fresh restrictions on AI chip exports to China and maintains its guidance for 2024 and 2025. ADVERTISEMENT Dutch computer chip equipment maker ASML has been exempted from the new chip export restrictions on China. The company, Europe’s second-largest tech firm maintained its guidance, saying in a statement…
Diplomats in Brussels have received “convincing” evidence showing Russia has built a factory in China to produce lethal drones. ADVERTISEMENT The European Union is growing increasingly convinced that Russia is producing lethal drones in China to prop up the invasion of Ukraine, raising fresh questions on how far Beijing is willing to go to abide…
An EU-China trade war is “unavoidable” on current trends, according to Europe’s top business leader in the country, who said that Beijing’s own policies mean it could not be considered the “victim”. “A full-blown trade war looks more and more likely if nothing changes,” said Jens Eskelund, the chairman of the European Union Chamber of…