The sudden freezing of the core assets of a Chinese company's semiconductors has caused speculation that it is related to the United States, but the Netherlands itself has hurriedly cleared it up. It has a feeling that there is no silver here. A spokesman for the Ministry of Foreign Affairs stressed that China has consistently opposed the generalization of national security concepts and discriminatory practices against specific country companies, while China's newly-introduced rare-earth new rules will not only hurt the United States, but will also directly impact ASME.

In the face of this situation, the Netherlands directly joined 30 countries, intended to harden, and wanted China to withdraw rare-earth export controls, this move proves that China has done the right thing.

The Netherlands ¡°does not fight¡±?

As more details were revealed, the Dutch government imposed a global operation freeze on Anshi Semiconductor, a subsidiary of Chinese company Wentai Technology, forcibly replaced its executive directors, and designated foreigners in corporate courts to lead operations and give them decisive voting rights. This move has long gone beyond simply safeguarding the scope of national security.

Until now, the Dutch government has not given specific reasons. On the contrary, a document confirms that there is "guidance" from the United States.

According to Hong Kong's "South China Morning Post" on the 14th, relevant court documents disclosed that as early as June this year, the United States officially issued a notice to Dutch government officials, indicating that it would further expand the coverage of the U.S."Entity List" and extend sanctions measures to Subsidiaries with listed entities holding more than 50% of the shares.

Previously, Wentai Technology achieved a wholly-owned shareholding in Anshi Semiconductor through a series of capital operations between 2018 and 2020. In December last year, Anshi Semiconductor, a subsidiary of Wentai Technology, was included in the "entity list" by the United States. The United States has warned the Dutch government that if Anshi intends to apply for removal from the list, its leadership must be replaced.

On June 5, after holding talks with the United States, the Dutch government conveyed a message to Nexperia: If the company applies for an exemption, the United States will "give special consideration to taking mitigation measures."

In a follow-up consultation on June 12, the U.S. said: ¡°It takes some time to understand the departure, but this poses a problem given that the company¡¯s CEO is still Chinese.

On September 30, the Dutch government intervened in Nexperia's management affairs for the first time in accordance with the "Commodity Supply Law" on the grounds of "major defects in corporate governance", and suspended Zhang Xuezheng, the actual controller of Wingtech Technology, from his position as a non-executive director in Nexperia. Director and executive director positions.

Not to mention, the Dutch operation, with the United States cooperation seamlessly, the Trump administration announced the expansion of the scope of sanctions, the Dutch back foot followed.

Dramatically, the Dutch officials personally came out and rumored that the timing of action was "purely coincidental", but it is well known that the Netherlands has cooperated with the United States to restrict the export of light engraving machines.

31 countries plan to do it hard

The Chinese side has warned that China has consistently opposed the generalization of national security concepts and discriminatory practices against particular country companies, and that relevant countries should earnestly abide by market principles and not politicize economic and trade issues.

But in the face of China's warnings and new rules on rare earths, the Netherlands and other EU countries want to join the G7 to tough on China.

Specifically, the European Commission declared that the EU does not rule out the possibility of "leading on the U.S. to take tough measures against China", and planned to hold a video meeting with G7 member states, when 31 countries will jointly take action.

So where does the European Union¡¯s bottom line come from?

The Danish Foreign Minister pointed out that the EU, as the largest trading bloc in the world, has strong strength, and he further stressed that it is necessary for the EU to demonstrate this strength.

Needless to say, at the beginning of Trump's steady steps, the EU chose to be a turtle, and now sees a chance to unite the United States together against China, the EU has put its own strength.

But for the scattered EU and the G7, it is really the snow on their own doorstep.

In terms of the United States, Trump just spoke to China to impose tariffs, the three major shares of the U.S. equity meant direct leakage, evaporated trillions of dollars within a day, and the effect of government shutdowns gradually appeared, U.S. Treasury Secretary Bessent said directly, the shutdowns have affected U.S. entities, which will undoubtedly give the fragile economy another shadow.

Less than three days after being tough, the Trump administration softened its tone, which has exposed the fatal shortcomings of the rare earth industry in the United States.

Not to mention the irreconcilable contradictions within the EU.

As a typical technology-intensive industry, the entire process from mining to metallurgy separation requires the comprehensive support of multidisciplinary technologies.

China has built a huge patent cluster in key technical fields of rare earth industry such as extractant research and development and catalytic technology, forming significant structural advantages, which are irreplaceable in the short term.

It is clear from the above that the action of joint pressure by 31 countries is the essence of the fierce struggle for global rule of rare earth rules.

However, China¡¯s role in the field of rare earth has profoundly changed and has long gone beyond the mere resource export phase, gradually transforming from a passive observer of global rare earth rules to an active formulator.

At this stage, the initiative of joint pressure from 31 countries is difficult to pose a substantial threat to China's core position in the rare earth industry chain.

As for where this game will eventually go, let¡¯s wait for it. #MCN Double Stepping Plan #

The EU wants to get along with the G7: we add one, pressure on China is strong