October 21st, Dutch Minister of Economy CarlemagneThe initiative to the Chinese Ministry of Commerce Minister Wang Wang Tao to call, can talk to the Netherlands on the matter of the first forced takeover of the governance of Chinese-owned enterprises, neither recognize the mistake, nor refuse to mention back.
Obviously, this is not trying to solve the problem, but using the stolen bargaining chips to force China to make concessions.
Behind the breakdown of the negotiations, the Dutch position is clear: governance will never be returned.
The persistence of mistakes has brought matters to the brink of a showdown, because the Netherlands violated basic business rules by using administrative means to take away control of companies.
Now China only wants justice, but the Netherlands treats “the stolen things” as bargaining capital.
The standoff will not last long, and over time, the Netherlands will find that the cost of refusing to return governance is far greater than imagined.
Within 60 days, the situation will become completely clear, and who breaks the rules and who is the ultimate loser, the answers will soon emerge.
U.S. pressures the Netherlands.
To put it bluntly, it is impossible for the Netherlands to dare to be so tough without the help of the United States.
Anselm Semiconductor was the company acquired by Zhou Tai Technologies in 2019 and has grown well in the hands of these years, and has become an important player in global car-grade chips.
The United States sees China's semiconductor industry rising and can't sit down.
In December last year, the United States included Zhou Tai Technology in the "entity list", and in June this year directly put pressure on the Netherlands to demand the replacement of Anselm's Chinese CEO.
At the end of September, the United States threw out "penetration rules" for Chinese capital. The next day, the Netherlands rushed to action and moved out the Cold War's "Commodity Supply Law" to freeze Anshi's global assets. Wentai's shares were forcibly handed over to a third party for custody, and even the Chinese management was expelled, and employees could not enter the company's system even if they wanted to log in.
Anyone with discerning eyes can clearly see at a glance that is "safeguarding its own interests"? It is clearly a "pawn" for the United States and helps contain China's high-tech industries.
China's countermeasures directly attack supply chain
China's response to open robbery was faster and more accurate than expected.
On October 14, the Ministry of Commerce of China directly issued an export control order, the production line of the Anchor China Region said it was stopped, and 70% of the world's chip production capacity was mastered by China, from car standard chips to power semiconductors, the supply channels of the overseas market were cut off overnight.
This is not a trivial matter. Anshi has been able to rank among the top three in the world over the years because of the stable output of China factories. Now that the source is cut off, the downstream industrial chain is immediately shaking.
Volkswagen, BMW and other European car companies have long regarded Anselm as a core supplier, 30 percent of the chip orders are dependent on this, from vehicle sensors to power control systems, without any one chip production line will stop working.
China's trick appears to be aimed at Anselm, in fact, hit the global car supply chain seven inches, you Dutch dare to steal the enterprise with administrative means, and China dares to let the enterprises that rely on this supply chain pay the price.
The Chinese side has the final say in Nexperia's Chinese factory. When it wants to resume supply, it depends on whether the Netherlands has the sincerity to spit out what it has eaten.
The European Automobile Manufacturers Association can't sit still. The chip inventory of car manufacturers can't last for a few weeks, and the production line will soon be shut down.
Their most concerned is not the high-end chip, but the commonly used mature process chip in the car, these small parts although not eye, but are the car sensor, the heart of the system, now the inventory is only 3 weeks, want to temporarily find alternative suppliers are not quick, the global car standard chip production capacity is so few, and the gap can not be filled.
More so that car companies sweat is the problem of rare earth, car electric drive system, radar sensors and other core components need to be used in rare earth, the world can stabilely supply European car companies, only China.
Before, because the inventory was still enough, I didn't agree. Now, after checking, I found that the rare earth inventory can only last for 60 days at most, and even the exploration report for finding new ore sources can't be produced during this time.
The entire European automotive industry is like being pushed back by a timer, without chips and rare earth in 60 days, and the production line shutdown is no longer a warning, but a thing on the board.
The Netherlands used to attract global enterprises to invest with the sign of the "rule of law" and the "spirit of contract", but now with the Cold War-era "Commodity Supply Law" forcing Chinese-owned enterprises is equivalent to publicly tearing off its reputation.
Chinese companies are not fools. What happened to Wingtech Technology is just around the corner. Who dares to invest money in a place that doesn't even abide by basic business rules? Some Chinese companies have quietly withdrawn their cooperation intentions in the Netherlands, and what the Netherlands has lost is not just Nexperia's orders.
The U.S. controls the Netherlands.
From December last year to the "entity list", to June this year to pressure the Netherlands to demand the replacement of Anselm's Chinese CEO, and until the end of September to put forward the "penetration rules" against Chinese capital, every step of the Netherlands's actions are like being dragged, the United States just finished the line, the Netherlands rushed forward.
The United States wanted to use the Netherlands to block China's chip industry chain, but the Netherlands obediently used administrative means as a knife, and even the old laws from the Cold War era were uncovered.
The Netherlands did not expect that the United States would betray even its allies. In the past, when had it ever been soft on grabbing orders for French submarines and forcing Europe to buy high-priced energy?
Helping the United States contain China now will be regarded as a "use and discard" pawn in the future.
The Netherlands originally thought that it could take Anselm as the key to forcing Chinese concessions, thinking that China is concerned about the European industrial chain does not dare to move the truth, after all, Anselm is an important player in the global car standard chip.
However, it did not expect that China would cut off the supply of chips and rare earths with a backhand. The Netherlands wanted to benefit from the United States, but did not expect that it would become the target of public criticism first. The reputation of the company was shattered. Even some within the EU said that it "ruined Europe's rice bowl in order to please the United States."
This is not "looking for favorable solutions", but overestimating ourselves and underestimating China's determination to safeguard the rights and interests of enterprises.
60 days without losing.
Will the production line of European automobile companies be able to turn in 60 days, will the Netherlands not be reprimanded by allies as people, the answer will soon be clear.
But there is one thing that can't run away: if the Netherlands still clings to the stolen governance power, it will only find that it is the loser who picked up sesame seeds and lost watermelons in the end.
The doors of the Chinese market are not forever open, the trust of enterprises is broken and can never be returned, and the debt of European allies will sooner or later be counted.
After all, the world has passed the era when you can take advantage of it by playing tricks, and those who break the rules will eventually swallow the bitter fruit themselves.
【Source: China-Hong Kong Semiconductor Control Upgrading, The Netherlands Warns China's Chip Quality Source: Xinhua Finance 2025-10-23 18:39
Ministry of Commerce: China firmly opposes Dutch interference in the operation of Anselm Semiconductor Source: Central TV News Client 20 October 2025 22:55