European 🇪🇺

  • 238 Posts
  • 960 Comments
Joined 3 years ago
cake
Cake day: June 10th, 2023

help-circle






  • " Shhh. Do not mention to Trump that it is the Kingdom of Denmark that has won"

    This is the title of an analysis in Danish news outlet “Berlingske”, link. Basically it says :

    " The wildest thing is not the agreement itself, which the USA enters into with Greenland and Denmark. The wildest thing is that ministers, diplomats and officials have succeeded in selling it to Trump as a great personal success for the president. Make no mistake – it is a shame it is a great success for both the USA, Greenland and Denmark that the Americans »will defend security in Arctic«, as Trump writes on Truth Social.

    But it is far from Trump’s wild dream of making Greenland American and expanding the American territory by annexing the world’s largest island. Instead, it has apparently succeeded in entering into an agreement where no red lines are violated. Where the sovereignty of the Kingdom is not violated and persists."


  • feel this just shouldn’t have gotten this far.

    I agree that the US pressure didn’t help. But afaik, the Cny didn’t (really) fold. I’m confident, knowing how flexible, unscrupulous and solution-oriented most Dutch CEos are, it probably was a hardline CCP agenda which led to an untenable situation.

    Here a report in the issue by the Bruegel Institute:

    " The Nexperia saga illustrates how Chinese FDI operates under a fundamentally different logic to traditional market-driven investment: it is inherently conditional and reversible, based on geopolitics. When Wingtech acquired Nexperia, it wasn’t simply a private equity play. The acquisition was made possible by Beijing’s huge industrial policy push to increase its power over the global semiconductor supply chain."