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The ‘Big China Fear’ that led Dutch government take control of one of the key suppliers of Volkswagen, BMW, Mercedes and GM - The Times of India
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The ‘Big China Fear’ that led Dutch government take control of one of the key suppliers of Volkswagen, BMW, Mercedes and GM - The Times of India
The Dutch government decided to take control of chipmaker Nexperia last month. According to the Reuters news agency, this decision was motivated by concerns that the company’s former CEO was preparing to dismantle European operations and move production to China.The report cited four government sources in The Hague indicating that Zhang Xuezheng, the former CEO who also founded Nexperia’s Chinese parent company, Wingtech, had planned to lay off …
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