Finbarr Bermingham
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fbermingham.bsky.social
Finbarr Bermingham
@fbermingham.bsky.social
Senior Correspondent for Europe at the South China Morning Post.

Tracking the shifting tectonic plates of global trade and geopolitics.

All posts should be heard in a Fermanagh accent.

A company filing, made in September and seen by the Financial Times, listed Wang Dinghua as the new owner of 5 per cent of the shares in Rustakt, a manufacturer of the VT-40 first-person-view drone widely used by Russia in attacks on Ukrainian forces
November 29, 2025 at 6:14 PM
Thank you for clearing that up
November 27, 2025 at 9:26 PM
China, EU push Nexperia and Chinese owner to end ‘corporate dispute’ amid chip concerns

Wang Wentao shifts focus to the boardroom but warns the Dutch government must still scrap the executive order and court ruling fuelling the crisis

www.scmp.com/economy/glob...
China, EU shift Nexperia strategy: let the companies work it out
Wang Wentao shifts focus to the boardroom but warns the Dutch government must still scrap the executive order and court ruling fuelling the crisis.
www.scmp.com
November 27, 2025 at 9:24 PM
I am guessing the letter is apropos of this

“Both sides agree … Nexperia NL and Nexperia CN should promptly engage in constructive communication regarding their internal corporate disputes and find an effective, long-term solution,” Mofcom said after meetings with EU / Germany
November 27, 2025 at 9:24 PM
Nexperia NL trying to show Beijing: Look, we're trying to do that

"To avoid having to communicate via public statements and via our customers, we re-emphasise our willingness to engage in direct dialogue with you via email or a neutral, professional third-party mediator"

November 27, 2025 at 9:20 PM
I guess the main stumbling block here would be that the Chinese arm does not recognise what the European arm describes as "lawful instructions from Nexperia B.V.’s global management".

This letter comes after Mofcom urged the companies to sort it out, that explains the messaging
November 27, 2025 at 9:20 PM
Europe’s largest carmaker said on Tuesday that, following a series of investments in the country, it could for the first time develop cars outside Germany, including testing and deploying new technologies such as assisted driving.
November 26, 2025 at 6:29 AM