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China accuses the Netherlands of not working to resolve the dispute over the seizure of Nexperia

China accuses the Netherlands of not working to resolve the dispute over the seizure of Nexperia

China’s Ministry of Commerce accused the Netherlands on Tuesday of not collaborating with Beijing to resolve the dispute over the seizure of the chip maker. Nexperia by the Dutch Government and warned of further disruptions in the supply chain.

The Dutch Government took control of Nexperiabased in the Netherlands, on September 30 due to concerns about its Chinese parent, wingtech. Nexperia makes large volumes of basic chips used in cars.

Beijing’s warning of further disruptions comes as European suppliers to the automotive industry are rushing to request exemptions to Chinese restrictions on the export of Nexperia products made in China, imposed after the seizure by the Dutch government.

This Tuesday’s statement casts doubt on recent statements from the White House and European Union officials which suggested that a long-term resolution to the dispute could soon be reached.

The Chinese Ministry of Commerce said that while Beijing acted responsibly in offering the exemptions, the Netherlands did not respond in kind. He asked the Dutch to “stop interfering” in Nexperia’s internal affairs and work “constructively” with Beijing to reach a solution.

“The Dutch side persists in its unilateral course without taking concrete actions to resolve the matter, which will inevitably deepen the adverse impact on the global semiconductor supply chain,” it said in a statement posted on its official website. “Neither China nor the global industry wants to see this.”

The Netherlands should take into account the bilateral ties and trade relations between China and the EU, the ministry added.

A spokesperson for the Dutch Ministry of Economic Affairs, which is involved in Nexperia’s governance, told Reuters: “We remain in contact with the Chinese authorities and our international partners to work towards a constructive solution that is good for Nexperia and our economies.”



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