"Most probably there will be more pressure for restrictions, but I also think there will be more push-back," said Christophe Fouquet, ASML's CEO, at a Citi conference in New York yesterday.
"To make the case that this is about national security is getting harder and harder," Fouquet added. Instead, the US' continuous push for further restrictions has become more 'economically motivated' over time.
"If the Netherlands follows this strategy, it will exacerbate the widening rift in China-US and China-Netherlands relations," Global Times said in an editorial.
"If ASML loses the Chinese market, it will suffer significant economic losses," the Global Times highlighted in its report.
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