Beijing, China – China’s Ministry of Commerce has accused the Dutch government of failing to cooperate with Beijing to resolve the ongoing dispute over the Netherlands’ acquisition of the chipmaker Nexperia
.
She warned that the continuation of the Dutch position could lead
to further disruptions in the global supply chains of the semiconductor industry.
The Dutch government announced on September 30th the status of the company “Nexperia”,
Which is based in the Netherlands, under its direct control,
She justified her decision with concerns related to national security
due to the company’s ties to its Chinese parent company, Wingtech.
Beijing imposes restrictions on Nextperia
“Nexperia” is one of the leading companies producing
electronic chips widely used in the automotive industry.
The Chinese response came days after Beijing imposed restrictions
on exports of “Nexperia” products manufactured in China.
This move has alarmed European car manufacturers, who have rushed
to submit requests for exemptions from the restrictions to avoid production disruptions.
Negative effects
The Chinese Ministry of Commerce said in a statement published on
its official website that Beijing had acted “responsibly and in a constructive spirit”.
This is achieved by offering limited exemptions from restrictions.
While “the Netherlands insists on a unilateral approach
without taking concrete steps to resolve the problem,”
She added that this situation “will inevitably exacerbate
the negative impacts on the global semiconductor supply chain.”
Balanced solution
China called on the Dutch government to “stop interfering in the internal affairs of Nexperia”.
And to work towards finding a balanced solution that serves the interests of both sides.
She noted that continued escalation could negatively impact
technological cooperation between China and Europe.
American pressure
This tension comes at a time when Europe is trying
to balance its economic relations with China,
And its security concerns related to reliance
on Chinese technologies and materials,
Meanwhile, US pressure is mounting on European allies
to restrict Beijing’s investments in sensitive sectors.
