On Thursday 20 November, the Netherlands announced that it was suspending its takeover of the Nijmegen-based semiconductor company Nexperia, which is owned by the Chinese company Wingtech Technology. The Dutch Ministry of Economic Affairs said it had had constructive discussions with the Chinese authorities, who had shown “goodwill” in guaranteeing the EU’s supply of semi-conductors.
The Chinese Ministry of Commerce welcomed the news in a press release: “China welcomes the Dutch...