China says the Netherlands must bear responsibility over Nexperia #ChinaDaily #中国日报
China says the Netherlands must bear responsibility over Nexperia
China’s Ministry of Commerce said the Dutch government must bear full responsibility for its actions in the #Nexperia case.
In September, the Dutch government forcibly took control of the Chinese-owned semiconductor manufacturer, Nexperia. Yet, as China and the United States have now agreed to extend their #trade truce, the Dutch government finds itself in an awkward bind — having failed to curry favor with the US, offended China, and disrupted Europe’s own supply chain in the process.
Nexperia’s China unit, meanwhile, is pressing ahead — making deliveries to clients through the domestic semiconductor supply chain and beginning to settle sales in RMB to keep shipments flowing to automakers.
#MediaUnlocked #Netherlands
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