A couple things to update & retro clarify. Its all related to Trump Tariff and I personally suggest to move these back to these thread to make the conversation more coherent and I expect other nations to get involved.
1) The US Commerce Department increased # of entities subject to export restrictions on September 29th (a day before the Golden Week Holiday for China)
2) ...coming back from the Golden Week and in response to #1 - China had responded with the REE Controls late last week as discussed on the Tariff Thread.
3) Using #1, the Dutch Govt nationalizes Nexperia after the REE Controls.
4) Now, China had banned Nexperia from exporting products made in China. A significant portion of Nexperia's assets are located in China & Hong Kong.
Dutch Court docs confirms US involvement