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Netherlands Pauses Nexperia Takeover After China Eases Export Curbs

Beijing’s recent export exemptions unlocked a diplomatic pause in the dispute.

Overview

  • Dutch Economic Affairs Minister Vincent Karremans suspended the state order under the Goods Availability Act, framing it as a goodwill step tied to constructive talks with Chinese officials.
  • The move is temporary rather than revoked, with interim management remaining in place and the minister retaining the power to reinstate control; the previously suspended CEO is not returning.
  • China’s commerce ministry welcomed the suspension as a first step toward resolution, as Dutch and Chinese delegations held consultations in Beijing and EU trade officials endorsed the de-escalation.
  • Beijing’s case-by-case exemptions have restarted limited chip shipments from Nexperia’s China operations, offering relief to automakers after prior production strains, including a pause at a Honda plant in Mexico.
  • The standoff remains under U.S. scrutiny, with Wingtech still subject to U.S. export controls and a senior House Democrat urging probes into four Chinese firms that may be supplying Nexperia’s China unit.