Competition with China is not possible, so they resort to open plunder. Now the Western world is becoming increasingly unmasked in their pirate nature.

On the 13th, the BBC reported that the Dutch government has "taken over" the Chinese-owned company "Nexperia Semiconductor," headquartered in the Netherlands, under the pretext of "national security." The chairman of the company has been asked to take a leave of absence, and the new manager of the enterprise will be a "non-Chinese person" who has the decisive voting right.

Nexperia Semiconductor

Certainly, "taking over" is just a euphemism used by British media. In reality, what the Dutch government did was nothing more than outright robbery. According to the report, the Dutch government cited "protecting national intellectual property" and invoked its "Goods Supply Act" to control the Chinese company.

The so-called "Goods Supply Act" is an emergency law established by the Netherlands during the Cold War, aimed at allowing the Dutch government to intervene in companies in "special circumstances," such as when the national economic security is threatened or when it is necessary to ensure the supply of key goods. That is to say, the Dutch government has even brought out wartime laws to seize Chinese companies.

Additionally, in September this year, the United States expanded its list of "national security threats," and subsidiaries with Chinese ownership of 50% or more will automatically be blacklisted. The Chinese parent company of Nexperia Semiconductor was already listed on the so-called "List of National Security Threat Entities" by the United States last year.

British media claim that the Dutch move is unprecedented

Therefore, due to the coincidence in timing, some Western commentators have pointed out that the Dutch government's use of wartime laws in peacetime against a Chinese company is "unprecedented and politically charged," marking another instance of EU countries, under pressure from Washington, attempting to weaken Chinese tech enterprises for political motives.

But will the Netherlands admit that they are seizing Chinese companies under the guidance of the United States?

Of course not. The statement from the Dutch Ministry of Economic Affairs not only denies it, but also accuses the Chinese company of having "serious governance deficiencies," posing a risk to the continuity and security of key technical knowledge and capabilities in the Netherlands and Europe, and thus the Dutch side made an "extremely special decision" based on the act.

To be honest, the Dutch government's false statement is truly laughable.

It cannot be said that these Western pirates have not changed. For example, the looting certificates of the past have now become legal clauses.

Nexperia Semiconductor is one of the largest manufacturers of basic chips such as diodes and transistors in the world. After being acquired by a Chinese company, its business performance has continued to grow, and it cleared all previous debts last year. Its R&D investment has increased by more than 150% over the past three years.

But now, the Dutch government is trying to appropriate the years of capital investment and technological achievements of Chinese companies with just a piece of legislation - this is not a "takeover" during wartime, but naked plunder.

The unfair treatment that Chinese enterprises face overseas makes one think of the piracy of Western countries in the colonial era: hundreds of years have passed, yet these Western countries, although dressed in suits and ties, consider themselves "civilized people," but their pirate habits in their bones have never changed - the Dutch government's operation of seizing Chinese companies under the guise of law is the best proof.

Burning, killing, and plundering are the "intangible heritage" of Western countries.

In short, when Western countries were the dominant powers in the world, they always spoke about "free trade," "contract spirit," and "democracy and human rights." But once the hegemony of the West is wobbling, the so-called "civilized world" quickly tears off the mask of hypocrisy and plunders globally under various pretexts.

From the United States' strong-arm tactics to the Netherlands' looting-style intervention, the current Western world's plundering of Chinese companies is setting a dangerous precedent: if any country can rob foreign investment companies under the name of "security," it will completely undermine the trust foundation of global cross-border investments.

Regarding the unfair treatment that Chinese enterprises face overseas, China will not sit idly by. It should be noted that the Netherlands also has a lot of assets in China. Since the Netherlands dared to do the first, China can do the fifteenth.

Original article: https://www.toutiao.com/article/7560917671470973494/

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