'Big chaos warning' that made 27 countries across Europe change their mind on China

    ‘Big chaos warning’ that made 27 countries across Europe change their mind on China

    The European Union is reportedly planning to propose a temporary lifting of sanctions on Chinese semiconductor manufacturer Yangzhou Yangjie Electronic Technology Co. A Bloomberg report citing people familiar with the matter claims that this comes after European automakers warned that maintaining the restrictions on the Chinese chip company could trigger significant disruptions across supply chains.The…

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    Netherlands government invokes 'emergency powers' to take control of Chinese chip company banned by America for 'helping ...'

    Netherlands government invokes ’emergency powers’ to take control of Chinese chip company banned by America for ‘helping …’

    In what can be seen as escalating geo-political war on trade relations, the Dutch government has taken control of Nexperia, a Netherlands-based chipmaker owned by China’s Wingtech Technology. The decision, announced by the Dutch Minister of Economic Affairs, invokes the “Goods Availability Act” to ensure the availability of Nexperia’s chips amid escalating global trade tensions….

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