China’s Wingtech says Dutch court freezes control of Nexperia amid ‘national security’ dispute

China’s Wingtech says Dutch court freezes control of Nexperia amid ‘national security’ dispute

In a move that could dent China’s relations with the European Union, Chinese technology company Wingtech said control of its Dutch subsidiary Nexperia has been effectively frozen, following an intervention by a government ministry and court in the Netherlands. In a corporate filing dated October 13, lodged with the Shanghai Stock Exchange on Sunday, Wingtech…

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‘China isn’t afraid of any US sanctions’: Beijing residents react as Donald Trump slaps 100% tariffs

Residents of China’s capital city, Beijing, on Saturday showed indifference and defiance about United States President Donald Trump’s recent decision to impose harsh new tariffs on the country, AFP reported. On Friday, Trump unexpectedly announced that the United States would impose an extra 100 percent tariff on all imports from China starting from November 1,…

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