Export controls may have been the economic weapon of choice in 2025, but the Dutch minister at the centre of the Nexperia crisis has admitted he was blindsided by Beijing when it blocked the company’s chips from leaving China. “An assessment was made of possible counterreactions; this wasn’t the most likely reaction from China,” said…
Wingtech Technology, the Chinese owner of Nexperia, has named experienced general counsel Sophie Shen Xinjia, a Columbia Law School graduate, as its president amid a Sino-Dutch dispute over control of the Netherlands-based chipmaker. Shen’s tenure as president would be in line with that of Wingtech’s 12th board, which was formed in January and will expire…
The platform, which commenced operations on Tuesday, was jointly established by two state-owned enterprises (SOEs): China Reform Holdings, an investment vehicle focused on industries related to national security and the economy, and research institute China Automotive Technology and Research Centre. According to the firms’ joint announcement at an industry conference in Shenzhen on the same…