Synopsis A foreign ministry spokeswoman Mao Ning complained that "an individual country," a reference to the United States, was trying to "safeguard its own hegemony" by abusing national security as an excuse to "deprive China of its right to development. " Reuters Chinese foreign ministry spokesperson Mao Ning China's government on Thursday criticised the Netherlands for joining Washington in expanding curbs on Chinese access to technology to make processor chips that Western governments say might be used in weapons or to commit human rights abuses. Processor chips and the technology to make them are increasingly sensitive as Beijing develops its own chip industry and high-tech weapons. Washington in October blocked Chinese access to US tools to make the most advanced chips and is lobbying European and Asian allies to tighten their own controls. The Dutch trade minister said in a letter to legislators on Wednesday that national security requires controls to be tightened on exports of technology that uses ultraviolet light to etch circuits on the most advanced chips. ASML of the Netherlands is the only global supplier. Headquartered in the southern Dutch town of Veldhoven, it is the world's only producer of machines that use extreme ultraviolet lithography to make advanced semiconductor chips . The Dutch government has prohibited ASML from exporting some of its machines to China since 2019, but the company had still been shipping lower-quality lithography systems there. A foreign ministry spokesperson Mao Ning complained that "an individual country," a reference to the United States, was trying to "safeguard its own hegemony" by abusing national security as an excuse to "deprive China of its right to development. " Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories "We firmly oppose the Netherlands's interference and restriction with administrative means of normal economic and trade exchanges between Chinese and Dutch enterprises," said the spokesperson. "We have made complaints to the Dutch side. " Mao appealed to the Netherlands to "safeguard the stability of the international industrial and supply chain. " Industry analysts say China's lack of access to ASML etching technology is a serious handicap in its effort to develop a domestic chip industry. Chinese vendors can produce low-end chips used in autos and most consumer electronics but not those used in smartphones, servers and other high-end products. Dutch prime minister Mark Rutte and US president Joe Biden held talks in January on ASML's chip machines. ASML's extreme-ultraviolet, or EUV, equipment uses light to etch microscopically precise circuits into silicon, allowing circuits to be packed more closely together. That increases their speed and reduces power demand. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. click here! Thursday, 09 Mar, 2023 Experience Your Economic Times Newspaper, The Digital Way! Read Complete Print Edition » Front Page Pure Politics Disruption Companies & Economy More Short-term Yields Up, Re Down After Powell Rate Signal Bond yields at the shorter end of the curve exceeded those of long-tenor sovereign debt in India while the rupee retreated Wednesday, reflecting the likelihood of outflows from local assets after the US Federal Reserve indicated rates would continue to harden. India to Top China as Walmart’s Largest Int’l Market in ’23: CFO India is likely to surpass China and emerge as the largest international market for Walmart this year, a top company executive said. Sebi Mulls PCVs to Offer Long Funding Amid allegations of fierce valuation games that drive startups to dress up numbers and venture capitalists to spin stories to investors, the idea of permanent capital vehicles (PCVs) to offer long, patient funding to unlisted outfits of Indian entrepreneurs is being explored. Read More News on china criticises netherlands chips curb netherlands china chips curb china chip ban us chip ban chinese access to technology dutch trade minister national security asml semiconductor chips semiconductor supply chain asml lithography Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox. . . . more less ETPrime stories of the day Investing Growth will be theme in 2023; manufacturing to offer opportunities: Neelesh Surana of Mirae Asset 5 mins read 4 insights to start your day, featuring Iran’s lithium discovery 5 mins read Energy A clean sweep: China’s renewable energy capacity outshines coal power for first time 4 mins read Subscribe to ETPrime.