Seize China's Companies Now
by Gordon G. Chang • October 15, 2025 at 5:00 am
As Bloomberg reported, this year Beijing offered to invest at least $1 trillion in America.
Chinese officials attached two conditions to their offer. "The first required that the U.S. loosen its scrutiny of investments originating from China," Bloomberg reported. "The second: that any Chinese factories built in the U.S. get a break on tariffs for any inputs they imported."
Taking more of China's money is an especially bad idea. With Chinese cash comes Chinese influence, and China has far too much of it in the U.S. already.
Although the Dutch government is not confiscating shares of the company, its assumption of management functions will either slow or stop the leakage of technology to China.
China... still needs foreign technology, and, short of theft, purchasing it would be the easiest and least expensive way to obtain it.
It is no surprise, therefore, that Beijing is seeking to flood the U.S. with cash, especially if it gets the Trump administration to relax export controls.
America does not need more money to continue the development of leading technologies. In the race to dominate tech, the U.S. will make the fastest progress by keeping Chinese companies as far away from its shores as possible. The Netherlands, with its ejection of China's managers from Nexperia, just showed Washington what to do next.
On October 12, the Dutch government, citing concerns about technology transfers, announced it had taken control of Chinese-owned Nexperia, a commodity microchip maker. The Netherlands invoked for the first time the Availability of Goods Act to assume management of a company.
Finally, a government is moving to deny China the ability to pillage a foreign technology business. Other nations should follow Amsterdam's action.
Wingtech, the 100% owner of Nexperia, called Holland's actions "excessive interference driven by geopolitical bias." The Chinese company also complained of a "cloaked power grab."
