A bitter battle over the future of a Chinese-owned chipmaker in the Netherlands that threatened to cripple the global car industry is a “wake-up call to Europe and the west”, the minister at the heart of the row has warned.
The six-week standoff between the EU and Beijing over Nexperia and its vital supplies of automotive semiconductors has served up a sobering lesson to world leaders over their dependency on China, says Vincent Karremans.
