I agree with your point on divide and rule. The problem is exactly what you said. EU is now run by pro-American libs like VDL, staunch protectionists drunk on excess welfare, and frontline states like Baltic three and Poland. Even in Germany, whilst the majourity could support AFD or Christian democrats, it is the pro-American but woke Green Party folks who have final says. In other words, the EU has ALREADY taken side with the US. And then there is ideology. Despite coming from a position of weakness, the EU still insists on spreading its values over others. So clearly the 大字报 message coming from Brussels to Beijing is “nope, we are not friends, and we have no desire to be buddies, AND stop exporting your superior but cheaper goods because our lazy arse workers don’t want to compete with yours.” So Beijing’s attempt to cozy up with the EU would likely be futile with some exceptions like Hungary and Slovakia. But these two countries are voiceless and are simply too dependent to its neighbours.
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- Thread starter bd popeye
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Fully depreciated simply mean you can’t charge depreciation expenses against your revenues, an accounting trick only. In reality the costs of the factories are a sunk cost, they have no bearings on the cashflow.
The Shanghai fab is a 12-inch one which means the day-to-day production cost is much lower than the old 6-inch and 8-inch fabs in Europe. The capacity of the Shanghai fab is 2-3x of the entire European operation according to this podcast:
Might as well use this opportunity to get rid of the European operations except sales and support.
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Get your facts straight. China sanctioned double the number of people Eurotards did. Lifting the sanctions on members of Eurotards parliament simply brought the number down to the Eurotard level.
Please don’t insult mentally disabled people by comparing them to Euro leaders — it’s Eurocucks.
VDL has no power as "President" which is a largely ceremonial or diplomatic role, not executive, so she can yapp all she wants about "values", "de-risking", "balance", she has no real power at the end of the day.
EU derives it's influence from it's most powerful member states. The real power players are France and Germany, both of which want to maintain trade ties and relationships with China. Germany has long opposed to de-coupling and angering China. This is why China directly bypasses VDL on most matters and talks to France and Germany directly.
I don't know why you think Baltic three or Poland have any influence, if they did, EU would already been at war with Russia now. You overestimate the influence of these peripheral states and VDL.
That's because China is older than their god.
The Nexperia’s European physical “assets” are more likely to be liabilities at this point. The factories are old, use old technology with high production cost, high labour cost with large potential severance packages. Might as well take the opportunity to peel off the European physical assets.
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pretty much, all this debacle is simply a sign that nexperia needs to physically leave europe.
We had both a german Army Major and lieutenant colonel tell us just two weeks ago, that this company was going to bring the big change to Bundeswehr....
Guess who got themselves involved in the whole Louvre theft debacle to the surprise of absolutely no one