US warned Dutch Nexperia CEO must go to avoid entity list fallout: court

Source: China – South China Morning PostUS officials told their Dutch counterparts that the Chinese CEO of Nexperia “will have to be replaced” if the company is to be exempt from Washington’s entity list, newly disclosed court documents show.
The disclosure comes after the Dutch government effectively seized control of the semiconductor firm, a subsidiary of the Chinese company Wingtech, forcing a change in management under an obscure law known as the Goods Availability Act.
In doing so, the Dutch authorities removed Zhang Xuezheng,…Read More

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