Source: China – South China Morning PostThe Dutch government is under renewed pressure to end its seizure of the Chinese-owned, Netherlands-based semiconductor company Nexperia, after Washington agreed to suspend its updated export control rule for one year.
After a meeting between Chinese President Xi Jinping and his US counterpart Donald Trump on Thursday, China’s Ministry of Commerce said Washington would temporarily halt the implementation of its so-called 50 per cent subsidiary rule.
Introduced in late September, that rule…Read More