China Vents Frustration at Dutch Minister's Chip Remarks, Calls for 'Wake-Up Call' for Western Leaders
The Chinese government has expressed "extreme disappointment" and "strong dissatisfaction" with the remarks made by Vincent Karremans, the Dutch minister of economic affairs, in recent media interviews. Karremans' comments were seen as a threat to China, which accused him of confusing right and wrong and distorting facts.
Karremans described the standoff between China and the European Union over chip supply to the car industry as a "wake-up call" for western leaders. However, his remarks have infuriated Beijing, with a spokesperson for the Chinese ministry of commerce calling them "erroneous" and blaming the Dutch directly for the global ban on exports of Nexperia chips.
The dispute began when Karremans announced that the Dutch government had taken supervisory control of Nexperia, a subsidiary of a Chinese-owned company. China responded by imposing a worldwide ban on exports of Nexperia chips, which are manufactured in China but have European components.
Karremans claimed that the Dutch government had received intelligence that the Chinese CEO was abandoning intellectual property rights and relocating production to China from its factory in Hamburg, Germany. However, Beijing dismissed these claims as "maliciously sabotaging" Nexperia's operations in China.
The crisis has brought the global car industry to a standstill, with many manufacturers dependent on chip supplies from China. The Dutch government is now attempting to find a long-term resolution to the dispute, with Karremans expected to travel to Beijing next month as part of a delegation.
China's reaction to Karremans' remarks suggests that the country will not back down without a fight. With tensions still running high, it remains to be seen whether a resolution can be reached before further damage is done to the global economy.
The Chinese government has expressed "extreme disappointment" and "strong dissatisfaction" with the remarks made by Vincent Karremans, the Dutch minister of economic affairs, in recent media interviews. Karremans' comments were seen as a threat to China, which accused him of confusing right and wrong and distorting facts.
Karremans described the standoff between China and the European Union over chip supply to the car industry as a "wake-up call" for western leaders. However, his remarks have infuriated Beijing, with a spokesperson for the Chinese ministry of commerce calling them "erroneous" and blaming the Dutch directly for the global ban on exports of Nexperia chips.
The dispute began when Karremans announced that the Dutch government had taken supervisory control of Nexperia, a subsidiary of a Chinese-owned company. China responded by imposing a worldwide ban on exports of Nexperia chips, which are manufactured in China but have European components.
Karremans claimed that the Dutch government had received intelligence that the Chinese CEO was abandoning intellectual property rights and relocating production to China from its factory in Hamburg, Germany. However, Beijing dismissed these claims as "maliciously sabotaging" Nexperia's operations in China.
The crisis has brought the global car industry to a standstill, with many manufacturers dependent on chip supplies from China. The Dutch government is now attempting to find a long-term resolution to the dispute, with Karremans expected to travel to Beijing next month as part of a delegation.
China's reaction to Karremans' remarks suggests that the country will not back down without a fight. With tensions still running high, it remains to be seen whether a resolution can be reached before further damage is done to the global economy.