Imagine your smartphone glitching mid-game because a crucial chip never made it to the factory… That’s what’s at stake when supply chains hit a snag! 😱⚙️
On Tuesday, Chinese Minister of Commerce Wang Wentao jumped on a call with Dutch Minister for Economic Affairs Vincent Karremans to talk about the semiconductor maker Nexperia. Wang emphasized that the measures taken by the Dutch side have shaken up global industrial and supply chains, and urged a quick, fair fix.
Wang highlighted how important China-Netherlands trade cooperation is and called for actions that protect Chinese investors’ rights. He stressed the need for a transparent, predictable business environment—and reminded the Dutch side to respect contracts, market rules, and the rule of law.
Karremans responded that the Netherlands values its economic ties with China and is ready to keep the dialogue open. He said the Dutch side aims to work together to find constructive solutions and restore stability to the chip supply drama. 🤝
As semiconductors continue to power our gadgets, cars, and even gaming consoles, players on both sides are racing against the clock to ensure smooth deliveries. Stay tuned as this high-stakes trade talk unfolds—because it’s not just politics, it’s the tech that keeps our world spinning! 🌐💡
Reference(s):
China calls on Netherlands to resolve Nexperia issues properly
cgtn.com