Nexperia, China and days” Karremans
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China is demanding more significant concessions from the government of the Netherlands in the chip crisis involving the Dutch company Nexperia. The Netherlands has not yet taken any noticeable measures to prevent the violation of rights and interests of Chinese firms and to restore the stability of global supply chains,
The announcement comes a day after the Netherlands indicated that shipments of Chinese-made Nexperia chips would soon resume.
Beijing has not seen any ‘practical actions taken by the Dutch side to stop infringing upon the legitimate rights and interests of Chinese enterprises,’ says China's Commerce Ministry - Anadolu Ajansı
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Netherlands used emergency powers to seize control of Nexperia from the Chinese parent company Wingtech
The Dutch government took direct control of Nexperia after months of rising pressure over who controls a key supplier to Europe’s automotive sector, according to Bloomberg reporting. Vincent Karremans,
China hopes that the Dutch side's statement will not remain mere rhetoric. The Netherlands should put forward substantive and constructive proposals and take practical actions to effectively restore the stability of the global semiconductor supply chain at its source, the spokesperson added.
The Netherlands' economy minister, Vincent Karremans, announced that a trade deal involving China and the U.S. will resume Nexperia chip supplies. These chips, essential for various industries, were disrupted due to a China ownership dispute.