Yup, that is what they talked about, "Sweet Nothings," when Trump visited South Korea.
That was Yoon's mistake. He should have sang that song when doing that karaoke in the White House.
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- Thread starter bd popeye
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Yup, that is what they talked about, "Sweet Nothings," when Trump visited South Korea.
That was Yoon's mistake. He should have sang that song when doing that karaoke in the White House.
China has already effectively done the Proportional Retaliation on this. If Dutch escalates further China can consider more steps.
What's happened so far is that Dutch seized the CONTROL of Nexperia. They did not confiscate the ownership. The shares still belongs to WingTech. Similarly China's proportional response is to allow WingTech to retain CONTROL of Nexperia China bypassing the orders from Nexperia Netherlands. Nexperia China is still a subsidiary of Nexperia Netherlands.
If Netherlands were to take the ownership of Nexperia Netherlands away from WingTech, then a proportional measure would be to give WingTech the direct ownership of Nexperia China.
antiterror13
Brigadier
I haven't heard Xinjiang "genocide and slave labour" for months or years now ... what happening?
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FT link:
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That assumes Wingtech was actually planning to shut down the fabs in Europe.
The thing is, the fabs in Europe already exist, have been fully depreciated. And i general, the ongoing operating costs should be very low compared to the ongoing capital cost for a new fab.
So why not keep them operating?
But I can see the R&D being shut down in Europe. This is definitely better done in China, because that is where the new fabs (and associated new chip designs) are required.
Plus there's a better supply of chip designers and lower costs in China.
I haven't heard Xinjiang "genocide and slave labour" for months or years now ... what happening?
The Xinjiang narrative doesn't work when 80%? of the global population thinks the US is supporting Israel's "genocide" in Gaza
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Yeah fair enough, priority should be to get Chinese fabs running as soon as possible and then just ignore the European parts entirely. If somehow WingTech gets control of Nexperia Europe again the first thing to do should be to immediately sell off all European liabilities, and then make sure they can only do business with Nexperia China, all smuggling should be seen as treason and jailed accordingly. At this point owning European businesses is a ticking time bomb.
Gina talk in Harvard
US lost in Afghanistan, can't send extremists to Xinjiang no moreI haven't heard Xinjiang "genocide and slave labour" for months or years now ... what happening?
Well back in 2021, EU imposed sanctions of a number of Chinese officials over the whole Xinjiang drama. China retaliated by sanctioning EU lawmakers. That pretty much put an end to the Sino-EU bonhomie of the 2010s and marked a majour diplomatic victory for the Biden administration. This year, China listed the sanctions over those European lawmakers in an attempt to ease tensions, but EU not only failed to reciprocate, but also continued to add more sanctions and tariffs on Chinese entities. Clearly the EU is not interested in improving ties with China, but Beijing is still kissing Brussels’ arse with the hope that the later would not side with the US in the ongoing trade war. In other words, there appears to be either naïveté among Chinese foreign policy makers’ view on EU or Beijing could simply lack certain leverages to restrain the bloc.I haven't heard Xinjiang "genocide and slave labour" for months or years now ... what happening?
But is this CONTROL permanent, meaning WingTech is forever out of the game without compensation should Beijing not intervene? Or the Dutch simply controls Nexperia, but WingTech could continue to receive revenue and other benefits from Nexperia just short of sitting on the board?