The Dutch Minister of Economic Affairs cancels the visit to China aimed at discussing Nexperia
Dutch Minister of Economic Affairs Vincent Karamans stated in a letter to the parliament that he has decided to postpone his planned trip to China in December to discuss the situation of chipmaker Nexperia.
Karamans wrote, "Since the Chinese minister will attend the scheduled Central Economic Work Conference, both sides have agreed to reschedule the meeting date, so I will not go to China in December." His letter was published on the parliamentary website.
He noted that he has reached an agreement with the Chinese Minister of Commerce that if there are any needs regarding the Nexperia incident, he will go to Beijing.
On November 19, the Dutch Minister of Economic Affairs announced that after constructive talks with the Chinese government and positive measures taken by Beijing to ensure chip supply, he decided to suspend the sanctions against chipmaker Nexperia. The Chinese Minister of Commerce called Karamans' move a "small step" toward properly resolving the Nexperia issue. However, Nexperia announced a week later that multiple attempts to establish dialogue with its Chinese subsidiary had failed, and it called on them to immediately resume negotiations to restore chip supply.
In mid-October, the Dutch government intervened in the activities of Nexperia, a chipmaker under the Chinese company Wanxiang Tech, citing concerns about losing European key technology bases under the "Availability of Goods Act."
After the Dutch government implemented controls, Nexperia's CEO Zhang Xuezhen was dismissed.
Under this context, Nexperia China, the Chinese branch of Nexperia, allowed its employees to ignore any orders issued by its Dutch office after the Dutch authorities intervened in the company's operations.
Original: toutiao.com/article/1850455286832328/
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