71–80 of 668 posts
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https://rareearthexchanges.com/best-rare-earth-mining-compan... Plenty of US companies ready and willing. They've finally gotten an administration that is of like mind on screw the environment and dig dig dig.
So, you agree?
Some more context from a dutch news source[0]: The ministry of economic affairs intervened out of a fear that crucial technological skills and capacities will leave the Netherlands and Europe. The ministry stated in a press release[1] that there was a threat of a "knowledge leak" (w/e that means exactly) and a possible threat to the European economy. After this intervention the Dutch government can now stop or revers…
nincompoops... learned a new word today
Great. Absolutely outstanding from the Dutch government, to not let China dominate Europe however it wants. Securing a Chip industry independent from China, Taiwan and the US has to be the top long term security interest. I only hope that the EU can use it's power to make things like this more feasible and to keep Europe independent from US/Chinese interests.
Arguably the time to do that was in 2018, they could have blocked Nexperia from being aquired by Wingtech in the first place. But I supposed the second best time is now.
That way, the U.S. is free to control all oil resources in the Middle East and conquer new ones in Venezuela. The EU gets nothing but enemies and higher oil and gas prices.
In principle I'm against outsourcing or technology transfers to China, but please do it on you own schedule.
The timing is weird, just after Trump's latest escalation with China. Using The Netherlands to fall into the sword would fit with the general tactics of dumping the Ukraine war on the EU and trying to sour their relations with China. That way, the U.S. is free to control all oil resources in the Middle East and conquer new ones in Venezuela. The EU gets nothing but enemies and higher oil and gas prices. In principle…
The news is coming out now, but it actually happened September 30th.
The timing is weird, just after Trump's latest escalation with China. Using The Netherlands to fall into the sword would fit with the general tactics of dumping the Ukraine war on the EU and trying to sour their relations with China. That way, the U.S. is free to control all oil resources in the Middle East and conquer new ones in Venezuela. The EU gets nothing but enemies and higher oil and gas prices. In principle…
Time to quote one of my favourite lines in the Godfather franchise. Probably totally unrelated. “We gladly put you at the helm of our little fleet, but our ships must all sail in the same direction. Otherwise, who can say how long your stay with us will last. It's not personal, it's only business. You should know, Godfather” — The late venerable Don Lucchesi
I couldn’t place this quote, so I googled it and learned it’s from Godfather Part 3. Bold choice to take your favorite quote from that particular movie. :)
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And which firms in China are controlled by European entities?
There are many companies which the Chinese government could target in retaliation. In China foreign companies are usually minority partners in some ventures with some Chinese company.
So, uh, none?
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> I assume this is an entirely independent Chinese company. It's worth noting that Nexperia is a spin-off of NXP (Dutch company) which itself is a spin-off of Philips' (Dutch company) semiconductor division. It's also worth noting that Nexperia's Chinese owners (Wingtech) are at least partially state controlled.
Perhaps also worth noting that ASML is also a spin-off of Philips.