The Dutch Prime Minister: China agrees to allow ASMI chip exports, the Netherlands will give up its control!
November 8, Bloomberg reported: "Dutch Prime Minister Scholz revealed on the sidelines of the Brazil Climate Summit that China has informed that it will allow ASMI's factory in China to resume chip exports. This decision creates conditions for the Netherlands to give up its control over ASMI. Since the dispute over ASMI, both China and the Netherlands have been at an impasse, seriously affecting the normal production of the global automotive industry. This statement by the Dutch Prime Minister indicates that both sides have reached a compromise."
[Witty] This compromise was never a warm handshake, but a clear realization forced by strength. The Netherlands using Cold War methods to seize control of Chinese enterprises is essentially using the name of security to practice hegemony, but forgot the reality that 70% of ASMI's packaging and testing capacity is in China, and global automakers cannot do without Chinese factories. When China tightens export controls, European automakers face a production shutdown crisis, forcing the Netherlands to realize: globalization is not a tool for one-sided exploitation. The so-called giving up control is just a reluctant retreat by the Dutch side under countermeasures in the industrial chain, and is also a loud slap in the face of economic and trade politicization - whoever dares to use power to split the industrial chain will eventually suffer the consequences themselves!
Original article: www.toutiao.com/article/1848214780815364/
Statement: The article represents the views of the author.