Now China is not even interested in getting back its Nexperia HQ in the Netherlands. Whatever for when the Dutch Economic Affairs Minister who ignited the fiasco already said that he will do it again regarding the Nexperia issue. China has now found its opportunity to punish the Dutch over the lithography machine fiasco that had been festering for the last two to three years. The Dutch did not know what they are stepping into by antagonizing China and China is going to make them eat humble pie.
Having said that, Japan is also behaving like an itching woman and asking for China's retaliation as well. China had been tolerating the Japs for decades and the Japanese PMs arrogance is an opportunity for China to make the Japs pay a heavy price. What transpired in tourism and seafood are just the appetizer, with China yet to land the crippling blow.
Anonymous
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ASML is in trouble without Chinese rare earths. China saw the opportunity now to teach arrogant ASML a bitter lesson. Nexperia provided China the excuse and triggered the opportunity for retaliation. I believe China has made progress in its own lithography machine development or at least have found a new way to make higher end chips without ASML lithography machines, using new technology moving away from silicon.
The USA and the West can just keep pretending that the Chinese are only fit to be chefs and laundrymen. ASML is so arrogant saying that even if given the lithography machine blueprints, the Chinese would not be able to produce a lithograph machine. Well, let us wait and see. Jensen Huang revealed that 50% of the world's best brains in AI are dominated by the Chinese. Figure that out.
China does not make moves by cutting its nose to spite its face. China thinks long term, preparing its ground before retaliating, not putting the cart before the horse. The West better take good note of this. Each five-year plan is all about what to leverage on to counter those trying to bring China down. China has built up its internal infrastructure and logistics to stand on firm ground and is now expanding its influence into Africa and Latin America. China is giving the Global South the ways and means to progress and grow rich.
Africans and Latin Americans have seen with their own eyes, how China managed to overcome its shortcomings in just three to four decades. China's success is nothing short of miniscule, lifting 800 million Chinese out of poverty. That is a population twice the size of the USA, a country that is still mired in decay, homelessness and escalating poverty.
The Africans and Latin Americans saw China's progress for themselves, and they aspire to have the same. Who does not want to follow a successful model rather than a failing model. Who does not want peaceful development rather than war and destruction.
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