China has relaxed its export restrictions on semiconductors made by Nexperia, a Chinese-owned Dutch company. The move comes after the company was affected by the US-China trade war, causing supply disruptions in car production worldwide. China’s Commerce Ministry said it will allow exports for “eligible cases” without specifying the criteria. However, they blamed the Dutch government’s interference in Nexperia’s internal affairs for the problem. The decision aims to stabilize global production and supply chains while ensuring safety concerns are addressed.
Source: https://www.wsj.com/business/autos/white-house-to-announce-auto-chip-shipments-to-resume-from-china-88ef4db0