This is at least the third case this year of European governments stripping Chinese owners/shareholders of their rights: Pirelli (Italy), British Steel (UK), and now Nexperia (Netherlands). It'd be shocking if the Chinese government do not take action to retaliate at this point. As the saying goes, 事不过三.Chinese companies still don’t seem to learn.
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You can buy technology from the West, you can buy physical products (to reverse engineer or because you can’t make it yet), you can pay them to build infrastructure in China.
But never buy anything you can’t lock down. Like shares or IPs or brands. All of those immaterial things can be taken away in an instant, whether by laws or propaganda or both. They are worthless to you.
Just the same, Western factories in China, Western shares in Chinese companies - those actually give you leverage over them. A piece of paper does not give you power. Tangible assets give you power.
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