GoKawiilEU, China discuss swapping sanctions to save ASML supplier Sindlhauser
The EU is negotiating with China to lift export restrictions on German firm Sindlhauser Materials, a supplier to ASML, in exchange for the EU removing sanctions on an unnamed Chinese company accused of aiding Russia, according to Bloomberg sources. The talks occurred during EU Trade Commissioner Maroš Šefčovič's visit to Beijing, with the EU expected to act first, pending unanimous approval from member states.