Foreign media: On November 8, China expressed hope that the Netherlands would take concrete actions to resolve the chip crisis at Nexperia. On September 30, the Dutch government intervened in Nexperia, stating it aimed to prevent its production from being moved from Europe to China. Subsequently, on October 4, China blocked the export of finished products from the company's Chinese subsidiary, leading to a chip shortage.
Currently, China has agreed to the Netherlands' request, and representatives from both sides will hold negotiations in Beijing regarding this matter. A spokesperson for the Dutch Ministry of Economic Affairs stated that constructive dialogue is underway, but the details of the negotiations are not yet disclosed. China has begun granting export restriction exemptions to automobile manufacturers to ease the chip supply tightness.
Original article: www.toutiao.com/article/1848237870128128/
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