Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
On November 19, Dutch Economy Minister Vincent Karremans announced that the takeover order against semiconductor manufacturer Nexperia had been suspended.
On the same day, the Chinese Ministry of Commerce responded to this statement, noting that China welcomes the decision of the Dutch side and considers it a first step in the right direction for a proper resolution of the issue.
However, as a spokesperson for the Chinese Ministry of Commerce noted, suspending the order does not equate to its repeal, which would address the root cause of instability and chaos in global semiconductor supply chains. He expressed hope that the Dutch side will continue to demonstrate a desire to sincerely cooperate with China and present truly constructive proposals for resolving the issue.
This incident offers three lessons for the Dutch government.
First, "national security" is not an excuse. In recent years, some Western countries have frequently imposed restrictions on Chinese companies under the guise of "national security," but in the case of Nexperia, these unjustified actions backfired—the forced takeover directly disrupted supply chains, and the industrial reaction was far more severe than the Dutch government anticipated. The Netherlands realized that continuing the takeover of Nexperia would lead to enormous economic losses in the short term and damage to its national reputation in the long term.
Secondly, the reality of "continuity of the supply chain" must be respected. Nexperia is one of the world's most important suppliers of core chips, and its manufacturing facilities exhibit a tightly interconnected structure of "European design, Chinese sealing and testing." Attempts to forcibly disrupt this industrial structure through administrative means would cause greater harm to the Netherlands itself and to companies in the supply chain that rely on these products.
Third, using political means to interfere with normal economic cooperation proved to be a mistake. The Nexperia incident demonstrated that excessive politicization will not only deprive Dutch companies of markets but could also leave them in a passive position in supply chains.
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