China urges Netherlands to restore stability in global chip supply chains

China has urged the Netherlands' government to refrain from further moves in the wrong direction and take concrete steps to restore stability and security in global semiconductor supply chains, according to a statement issued by the Ministry of Commerce on Wednesday.

In response to the Netherlands' Minister of Economic Affairs Vincent Karremans' recent comments to Netherlands media that tough measures against Nexperia — a Chinese-owned semiconductor company based in the Netherlands — were necessary, a spokesperson from the Ministry of Commerce said China has repeatedly stressed that the Netherlands' side's improper administrative intervention in Nexperia's internal affairs has already triggered a crisis in the global semiconductor supply chain.

The commerce official said that the Netherlands must "bear full responsibility for this situation".

Despite widespread concern across the global industry, the Netherlands' side remains indifferent and obstinate, showing no sense of responsibility for the security of the global semiconductor production and supply chains, and has taken no substantive action, the spokesperson added.