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> The order that gave the Netherlands powers to block or revise decisions at Nexperia was dropped as “a show of goodwill” Why wouldn't CCP/Beijing just be embo
by lysace 11mo ago
> The order that gave the Netherlands powers to block or revise decisions at Nexperia was dropped as “a show of goodwill”
Why wouldn't CCP/Beijing just be emboldened by this? Why do the dutch feel the need to show goodwill towards CCP?
(Edit: I see a lot of turbulence with this comment. I wonder why people seem to think it's invalid. The Chinese government runs these strategic companies very closely. China is not a democracy. It is a de facto dictatorship run by the CCP, the Chinese Communist Party. Nothing of this really a controversial opinion.)
- RAMJAC 11mo ago$$$
- lysace 11mo agoThat is almost always the case, but please expand.
- RAMJAC 11mo agoMaybe I was being a bit flippant, but I don't buy the "goodwill" argument. It's probably went, and by the article, something like this: China: Great, two can play this game, how about you now lose access to X,Y,Z that may be manufacturing, fabs, investments, rare earths, Chinese markets, etc. Netherlands: Hmm, that costs more than this company by an order of magnitude. Take it. This isn't taking into account back channel dealing, conflicts of interest or really anything besides a surface level reading of situation. They had them by the balls.
- tgv 11mo agoIdk. It's hard to hit The Netherlands in particular, since trade is with the EU as a block, not with individual countries.
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- rikafurude21 11mo ago"show of goodwill" is politician-speak for capitulation. Taking over Nexperia caused a chip shortage for the german auto industry, which was an unintended consequence that they couldnt handle.
- cowl 11mo agoa bit tired of auto industry's "just in time" supply managment. they had the same problem when covid closed everything down and now 5 years later they still have not learned that they cant just order "enough for 1-2 months of production" and not more. It's not like the parts change in 2 months.
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- Barrin92 11mo ago>Why do the dutch feel the need to show goodwill towards CCP? They're not showing goodwill, they're desperate. Why did the Netherlands (read the US) think it's in any position to seize a company from China when the entire auto industry is dependent on Chinese chips? I can't help but laugh at this, as a European even. China unlike our esteemed continent isn't going to have its businesses commandeered around by Washington, we should take a lesson in self-respect from them. It's also not on us to dictate what system of government they run their country on. Thankfully someone isn't putting up with Washington's crap.
- throw310822 11mo agoHell yes. Note that the Netherlands is also taking orders from the US about what countries their companies can sell to (ASML). No objections in that case.