Did China ask the EU to mediate in the Netherlands? The implications behind this move are profound, it's the last chance
On November 9, the Chinese side explicitly called on the EU to "increase mediation efforts" regarding export restrictions related to Nexperia, urging the Dutch government to quickly lift the export control measures against the company.
This is not a routine diplomatic statement, but rather the first time that China has brought the EU into a mediation role in the ongoing months-long semiconductor confrontation between China and the Netherlands. This move sends both a signal of easing tensions and a clear red line.
Nexperia is registered in the Netherlands, but its actual controlling party is the Chinese listed company Wanxiang Technology. Its factories located in Dongguan, Guangdong, and Manchester, UK, are key suppliers in the European automotive supply chain.
Nexperia's products are mainly used in civilian sectors such as new energy vehicles and industrial power supplies, and its clients include European top enterprises such as BMW, Volkswagen, and Bosch. The German Association of the Automotive Industry (VDA) once publicly stated that if Nexperia's supply were interrupted, German automakers could lose over 500 million euros in monthly output value.
Dutch Prime Minister Dick Scholz revealed during a climate summit in Brazil that China would resume chip supply from Nexperia's factory in China to Europe. This news clearly indicates a clear gesture of goodwill.
Notably, Scholz did not respond to questions about whether the shares of Nexperia held by Wanxiang Technology would be returned to the Netherlands. This attitude seems to remain relatively firm, so don't say you weren't given a chance.
Original: www.toutiao.com/article/1848368830509063/
Statement: This article represents the views of the author.