knock on effect of increasing inflation? yeah, definitely. i don t see how this can t put inflation pressures on consumer goods and other things. notjust the sort of consumer goods that are being shipped through this neck of water but also oil and raw materials, and things like that, that is definitely going to have inflation pressure. it has been 45 years since china and the us established diplomatic ties. in theirtime, china s economy has grown to become the the second largest in the world behind the us. that rapid rise was largely built on a relationship that encouraged strong business ties between the two countries. but in the last few years, that has been marked by tension, tariffs and export restrictions. nick marsh has more on what we can expect in the economies that are intertwined. 0n the surface, things seem to have improved between the us and china recently. their leaders met in
robust in the world. inflation has begun coming down and interest rates are heading down as well and that essentially goes on to show that manufacturers will have a much better 2020 for at least the next few months going ahead. thanks for that nikhil inamdar speaking to us from mumbai. it has been 45 years since china and the us established diplomatic ties. in that time, china s economy has grown to become the the second largest in the world behind the us. that rapid rise was largely built on a relationship that encouraged strong business ties between the two countries. but in the last few years, that has been marked by tension, tariffs and export restrictions. nick marsh has more on what we can expect in the economies that are intertwined. 0n the surface, things seem to have improved between the us and china recently. their leaders met in november and then mood was pretty positive. but when you get down to the nitty gritty,
pace in nine months. and the outlook for the next few months seems to be more robust among many factors and rightly so because it continues to remain one of the fastest growing major economies in the with inflation starting to come down and interest rates expected to enter down as well over the course of next few months. overall the outlook for manufacturers does look more sanguine in the year ahead. thank you for that lookahead. it has been 45 years since china and the united states established diplomatic ties and in that time china s economy has grown to become the in the world behind the united states. the rise was largely built on a relationship that encouraged a strong business tie between the two countries. in the last few years that have been marred by tension, tariffs and export restrictions. nick marsh has more on what we can expect from the economies. on the surface
The Netherlands has blocked ASML from exporting some of its critical chipmaking tools to China. The Netherlands has taken measures to revoke an export license for ASML, a leading global manufacturer of chipmaking equipment, which restricts the shipment of some of its equipment to China.
The Veldhoven, Netherlands-based company said shipments included certain lithography systems. "A license for the shipment of NXT:2050i and NXT:2100i lithography systems in 2023 has recently been partially revoked by the Dutch government, impacting a small number of customers in China," the company said. ASML dominates the market for lithography systems, which use lasers to help create chip circuitry.