Commenting on the Nexperia semiconductor deadlock, SMU Associate Professor of Finance Fu Fangjian said that Beijing's agreement to allow the Netherlands’ Ministry of Economic Affairs to send representatives to China for consultations is itself a diplomatic gesture. However, Assoc Prof Fu believes that the Netherlands is unlikely to issue a public apology for diplomatic reasons, but it may revise its regulations to prevent similar incidents from happening again and provide economic or reputational compensation to Nexperia’s Chinese owner Wingtech Technology.
