The Dutch government has suspended its intervention over chipmaker Nexperia in a “goodwill” gesture to ease tensions with China, which had threatened a global shutdown of car plants.
In a statement on Wednesday, Dutch economic affairs minister Vincent Karremans said the government was taking the step following “constructive” discussions with the Chinese government.
“We are positive about the measures already taken by the Chinese authorities to ensure the supply of chips to Europe and the rest of the world. We see this as a show of goodwill,” Karremans said.
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