Netherlands suspends state seizure of Chinese chipmaker Nexperia

Dutch government’s move pauses dispute that threatened car production around the worldNexperia row shows how China is weaponising EU relationshipBusiness live – latest updatesThe Netherlands has suspended its seizure of the Chinese-owned chipmaker at the heart of a six-week dispute between the EU and China that threatened to halt car production at sites around the world.The Dutch minister of economic affairs, Vincent Karremans, said in a statement on Wednesday that the government would suspend its decision to take supervisory control of Nexperia as a gesture of “goodwill” to Beijing. Continue reading...

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