Been there/done that (Sweden was unjustly bullied by China and got next to no support from EU).
The intervention by the Dutch government at the Nijmegen-based chipmaker Nexperia is being suspended.
It was not because he was from China. It was because he was directing funds to a Chinese company which did not make any business sense and leaking all kinds of intellectual property to China.
The Dutch move was dumb due to international power differences. The reasons to intercede were sound.
lysace•1h ago
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•56m ago
lysace•54m ago
RAMJAC•36m ago
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•9m ago
rikafurude21•45m ago
Barrin92•9m ago
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.