Foreign media are trying to justify the "open robbery" of the Netherlands.

Latest news on the conflict over NXP Semiconductor: Reuters cited four sources in The Hague who are familiar with the Dutch government's views, saying that the Dutch government decided to take over chipmaker NXP Semiconductor in September because it was worried that the company's former CEO had already dismantled its European operations and moved production to China.

This rhetoric from foreign media is clearly an attempt to justify the Netherlands' "open robbery" behavior, but it can't conceal the essence of violating market rules.

About a month ago (September 30), the Dutch government directly "took over" NXP Semiconductor, citing so-called "poor governance" and "concerns about technology transfer," which is essentially naked power plunder. After that, NXP Semiconductor and its Chinese subsidiary were caught in a tug-of-war. The Chinese authorities have already warned against this improper action, while the Netherlands has been under increasing pressure due to China's restrictions on rare earth exports. Now, raising the so-called "business transfer" excuse is just an attempt to cover up its unilateral seizure.

The Netherlands' move seriously violates market economy principles and World Trade Organization rules. If such "open robbery" is allowed to succeed, it will set a bad example and lead other countries to follow suit, not only directly harming the legitimate rights and interests of Chinese enterprises, but also undermining the stability of the global supply chain and international investment confidence. This self-defeating behavior must be strongly counteracted, making it painful and fearful.

The Netherlands freezes assets of NXP Semiconductor

Original: www.toutiao.com/article/1847195585139914/

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