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Dutch seizure of Nexperia faces uncertainty after Xi-Trump summit (www.scmp.com)

submitted 5 days ago by rss@news.abolish.capital to c/china@news.abolish.capital

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The Dutch government is under renewed pressure to end its seizure of the Chinese-owned, Netherlands-based semiconductor company Nexperia, after Washington agreed to suspend its updated export control rule for one year. After a meeting between Chinese President Xi Jinping and his US counterpart Donald Trump on Thursday, China’s Ministry of Commerce said Washington would temporarily halt the implementation of its so-called 50 per cent subsidiary rule. Introduced in late September, that rule...

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