China pressures and expects help from Germany; you won’t have much luck

Still the issue of semiconductors, Nexperia, and the confrontation with the Dutch Government. But there was an “affront” that Berlin did not like.

China e Netherlands are in a serious economic dispute, which is creating a crisis global supply of semiconductors.

The government of the Netherlands practically declared a “war” on China, by taking control of Nexperia – a semiconductor company based in the Netherlands, but with Chinese ownership, from the Wingtech group.

But Wingtech was ruled by the Dutch government, which alleged “serious deficiencies” in the group’s management; and thus the Dutch Ministry of Finance took control of Nexperia’s operations.

The Government of the Netherlands considers that this was “a threat to the continuity and safeguarding of know-how and crucial technological capabilities in the Netherlands and Europe” and, therefore, applied the so-called Asset Availability Law.

The Beijing Government suspended exports of Nexperia chips (70% are made in China) and production stops are occurring all over the world.

Now, the China seeks help from Germany. It’s really press Germany to convince the Netherlands to revoke the seizure of Nexperia, says the agency.

The Trade Ministers of both countries have already spoken on the phone about the matter.

The Beijing Government even hopes that Germany will play an active role so that the Netherlands can correct its “erroneous practices” and promote rapid resolution.

“Affront”

But China has adopted a greater stance confrontation with Europe, especially with Germany.

We spent the last few months in China reversed completely yours posture in relations with the Germany, resume o.

At the end of October, Johann Wadephul, German Foreign Minister, canceled at the last minute a trip to China that had been planned for a long time.

Canceled the trip because the China canceled almost all commitmentsalso at the last minute – contrary to diplomatic practice.

Officially, the Government indicated that the trip was canceled for scheduling reasons. But this was a “affront” that the German Government was not willing to tolerate, describes the newspaper.