前言 中美贸易战如今已走到一个危险的边缘，双方都亮出了各自的"杀手锏"，互不妥协。美国方面不惜 以"民众意志"和"钢铁意志"进行极限施压，力图将对方逼入绝境。而中国则展现出不退让的姿态，背后 到底藏着什么样的底气？ 特朗普将关税视作"压迫杠杆"，出口管制则当作"终极武器"。但问题是，光有武器并不够，还需要合适 的战术、正确的节奏以及国内的支撑。美国如今面临内外困境：政府停摆、民众的不满以及政敌的反 对。在这种情况下，特朗普的"极限施压"其实反映了他的焦虑和孤立。不能成为谈判高手，就只能通过 关税这一"炸弹"来施加压力。然而，炸弹越多，控制力反而越差。 中国的反击：底气从何而来？ 然而，这样的说法实际上隐含着风险。通过"民众动员"的话术，美国试图将公众的支持转化为政策合法 性，制造一种内部一致的假象。但美国的现实是，许多美国人并不认同特朗普的政策，也并不愿意与中 国进行彻底决斗。事实上，这种说辞往往是在掩饰美国政府缺乏真正后盾的窘境。如果强行推行一场贸 易战，而最终得到的是民众的反感而非团结，那么美国将变成孤立的"孤家寡人"。 美国高官的"3亿民众"论：煽动、虚张声势与悬崖 在一次福克斯采访中，美国贸易代表贾米 ...

【文/观察者网 熊超然】就在中美贸易博弈紧张持续之际，中资半导体企业在荷兰竟遭到"强行接管"， 这个欧洲国家此时跳入这场纷争之中。 据路透社当地时间10月19日报道，荷兰经济事务部大臣文森特·卡雷曼斯（Vincent Karremans）当天在接 受本国电视节目《Buitenhof》采访时称，他预计将在几天内与中方官员会面，讨论如何解决围绕在安世 半导体（Nexperia）身上的僵局。 他找补说，荷兰外交官一直在努力化解僵局，他本人也将在数日内与负责此事的中方部长会面。他强 调，"此事已经上升至最高层级进行磋商"。 不过，卡雷曼斯仍然狡辩宣称，"中方认为荷兰正与美国联手干预安世半导体事务"，但荷方此次行动的 目的，"是为了防止这家公司的前中国首席执行官将业务和知识产权转移出欧洲"。 就在几天前，据荷兰NOS广播公司当地时间10月17日报道，卡雷曼斯也曾狡辩称，荷兰对中资企业采 取"历史性干预"并未受到美国施压，甚至反诬中方"混淆事实"。 路透社指出，安世半导体的芯片虽然并非尖端产品，但其产量巨大，主要在德国汉堡生产，然后运往中 国进行封装与组装工序，最终销往全球汽车行业。当前，安世半导体事件正威胁着全球汽车供 ...

Core Viewpoint - The recent implementation of "technology-level" export controls in China's new energy equipment manufacturing sector is aimed at enhancing national security and protecting core technologies, rather than imposing trade restrictions [5][6][9]. Export Control Announcement - The Ministry of Commerce and the General Administration of Customs announced the implementation of export controls on lithium batteries and related manufacturing equipment, effective from November 8, 2025 [5]. - The updated export control list includes rechargeable lithium-ion batteries with an energy density of 300Wh/kg or more, high-pressure lithium iron phosphate cathode materials, artificial graphite anode materials, and related technologies [6][11]. Industry Impact - The new policy is expected to help maintain China's competitive advantage in the global lithium battery supply chain and prevent core technologies from leaking abroad [6][11]. - The export controls are seen as a "wind vane" that may reshape the development layout of Chinese lithium battery companies, encouraging them to invest overseas [8][11]. Technological Focus - The export controls specifically target high-end products and technologies, similar to export restrictions in the semiconductor industry [9][11]. - The measures are designed to create a "technical barrier" for the lithium battery industry, ensuring national security while promoting a shift towards high-end, technology-driven industrial transformation [11][15]. Market Dynamics - China's lithium battery products are experiencing strong demand overseas, with a reported 90% year-on-year growth in the overseas energy storage market [8]. - The export controls may lead to a temporary premium on high-end products due to their scarcity, while also tightening compliance approvals for overseas capacity expansion and core equipment exports [12][15]. Future Outlook - The export controls are expected to provide a regulatory framework that encourages companies to focus on core technology research and development, enhancing their market competitiveness [15]. - The global solid-state battery market is projected to grow at a compound annual growth rate of over 80% from 2024 to 2030, indicating significant opportunities for Chinese battery manufacturers [14][15].

Core Viewpoint - The recent export controls on lithium batteries and related manufacturing equipment by the Ministry of Commerce and the General Administration of Customs reflect China's commitment to managing high-end technology and key equipment while ensuring the stability of global supply chains [1][2]. Industry Development Perspective - The export controls target the core segments of China's lithium battery industry, including high energy density batteries and related production equipment, where Chinese companies like CATL, BYD, and Zhongxin Innovation have established technological advantages [2]. - The management of weight energy density, materials, and process equipment through export controls aims to protect core technologies from outflow and encourages companies to enhance independent innovation and collaborative development across the entire supply chain [2]. - This policy shift promotes a transition from scale expansion to technology-driven growth, enhancing international bargaining power and supply chain leadership in the context of accelerating global competition in the new energy sector [2]. International Perspective - China's export controls align with the responsible behavior of a major power, as controlling dual-use and high-tech products is a common global practice aimed at preventing potential risks and maintaining regional and global peace [2]. - The precise management of technology indicators and categories avoids a one-size-fits-all approach while ensuring that compliant trade continues, reflecting China's institutional confidence and responsibility in global supply chain governance [2]. Innovation and Upgrading - The export controls are expected to drive innovation and upgrading within the industry, as companies enhance their core technology levels and market competitiveness through a comprehensive "R&D—pilot testing—mass production—application" system [3]. - The policy will create a safety barrier for the high-end lithium battery industry, providing momentum for technological innovation and industrial upgrading [3]. - The organic combination of policy guidance, technological innovation, and market-driven forces positions China's lithium battery industry for high-quality development, contributing to global energy transition and green development [3].

Core Viewpoint - The situation surrounding Nexperia, a subsidiary of Wentech Technology, has escalated due to external pressures, particularly from the Dutch government, which has imposed restrictions on the company's operations and governance, leading to significant operational challenges and market reactions [1][9][10]. Group 1: Company Operations and Employee Relations - Nexperia China has assured employees that all operations and employee benefits are functioning normally, emphasizing compliance with Chinese laws and independent decision-making [3][4]. - The company has established that any external directives not approved by its legal representative can be disregarded by employees without disciplinary repercussions [4][6]. Group 2: Market Performance and Financial Impact - Since the Dutch government's directive on September 30, Wentech Technology's stock has seen a decline of over 20%, although there has been a recent recovery, with a reported stock price of 38.5 yuan and a market capitalization of 479 billion yuan as of October 17 [7][9]. - The company has faced significant financial challenges, with a reported loss of 6.85 billion yuan in its ODM/OEM business for the first half of 2025, prompting a strategic divestment of this segment for approximately 43.89 billion yuan [10][11]. Group 3: Legal and Regulatory Challenges - The Dutch court has imposed emergency measures, including suspending the CEO's powers and appointing an independent foreign director with decisive voting rights, which has temporarily stripped Wentech of governance over Nexperia [9][10]. - The U.S. Department of Commerce has also introduced new export control measures that further complicate Wentech's operational landscape, particularly affecting its subsidiaries [10][11]. Group 4: Management Changes and Strategic Shifts - Wentech has undergone significant management restructuring, with key executives resigning and new leadership from Nexperia taking over operational decisions [12][13]. - The company has shifted its focus from a dual-industry strategy to a singular emphasis on semiconductor operations, effectively making Nexperia the primary focus of Wentech's business model [13][14]. Group 5: Geopolitical Context and Industry Implications - The ongoing geopolitical tensions, particularly between China and Western nations, have led to increased scrutiny and intervention in Chinese investments abroad, as evidenced by the actions taken against Nexperia [10][11]. - The semiconductor industry is facing heightened regulatory challenges, with companies like Nexperia becoming targets of international scrutiny, impacting their operational strategies and market positioning [17][18].

记者丨 赵云帆 编辑丨巫燕玲 视频 丨 曾婷芳 见习编辑 陈泽锴 闻泰科技创始人张学政恐怕料想不到，就在他选择退居幕后不到一年的时间中，公司会接连陷入如此一筹莫展的境地。 10月19日， 闻泰科技旗下 安世中国发布致全体员工信。 信中表示： 安世国内全部主体运营及员工薪资福利一切正常。 目前，公司生产经营一切如常，各项工作有序推进。董事会和管理层始终全力保障公司 正常运转，不会允许外部力量影响公司运营或损害员工利益。安世国内团队的同事均与国内公司建立劳动关系，大家的工资、奖金及其他 福利将继续由安世国内公司而不是Nexperia荷兰主体发放。 上下滑动查看详情 此前10月18日，就旗下安世半导体(中国)的员工公司系统权限被全面中断一事，闻泰科技方面负责人回应表示，10月17日早上安世中国团队的 账号被封，具体原因不明，目前有部分恢复。考虑到紧急状态下欧洲可能会切断系统切断资金，中国区不得不采取独立的自救行为，加紧拉通 国内供应链，确保国内客户的供应。 此前10月12日，闻泰科技公告，荷兰政府9月30日发出指令，要求冻结闻泰科技的控股子公司安世半导体，对资产、知识产权等进行调整，为 期一年。 二级市场表现上，自 ...

转自：北京日报客户端 安世中国致全体员工 各位同事： 大家好！相信大家已经从公开信息了解到闻泰科技在荷兰的分支机构安世半导体（Nexperia） 受到当地 政府的干预，我国商务部亦对安世半导体中国公司及分包商发布出口管制公告。近日，中国半导体行业 协会发声表示将持续关注事态发展并通过合法手段向国际社会表达关切。 2025年10月16日下午，我国 商务部发言希望荷兰方坚持契约精神、纠正错误做法；同日，大家收到了以Nexperia Chief Legal Office 名义发出的标题为"Global Legal Update: Trusted Communications"的邮件。公司充分理解大家对于此事的 关注以及上述邮件可能给大家造成的困惑，并就此特向大家作如下说明，以正视听： 第一，安世国内公司是运营扎根中国、战略放眼全球的中国企业，必须遵守中国法律、合法合规运营。 根据《中华人民共和国公司法》等相关法律规定，公司具有独立的法人人格，任何人不得滥用权利损害 公司及股东的利益。在任何时候，安世国内公司都是独立经营、决策的中国企业，法定代表人有权代表 公司意志【并最终负责公司全部运营决策】，董事、监事、高管对本 ...

根据中国劳动法律法规，全体员工有义务遵守公司的劳动纪律、按照公司要求完成工作。因此，全体员工应当继续执行安世国内公司的 工作指示。对于任何其他未经安世国内公司法定代表人同意的外部指示（即使通过outlook、teams等方式传送），大家有权拒绝执行 而不构成违反工作纪律或者法律规定。 今天，安世中国发布了一个致全体员工的通知。 安世中国指出，安世国内公司是运营扎根中国、战略放眼全球的中国企业，必须遵守中国法律、合法合规运营。在任何时候，安世国内 公司都是独立经营、决策的中国企业，法定代表人有权代表公司意志，并最终负责公司全部运营决策，董事、监事、高管对公司承担忠 实勤勉义务。 大家好！相信大家已经从公开信息了解到 闻泰科技 在荷兰的分支机构安世半导体（Nexperia） 受到当地政府的干预，我国商务部亦对安世半导体中 国公司及分包商发布出口管制公告。近日，中国半导体行业协会发声表示将持续关注事态发展并通过合法手段向国际社会表达关切。 2025年10月16日下午，我国商务部发言希望荷兰方坚持契约精神、纠正错误做法；同日，大家收到了以Nexperia Chief Legal Office名义发出的标题 为"Glo ...

大家好！相信大家已经从公开信息了解到闻泰科技在荷兰的分支机构安世半导体（Nexperia）受到当地 政府的干预，我国商务部亦对安世半导体中国公司及分包商发布出口管制公告。 近日，中国半导体行业协会发声表示将持续关注事态发展并通过合法手段向国际社会表达关切。2025年 10月16日下午，我国商务部发言希望荷兰方坚持契约精神、纠正错误做法；同日，大家收到了以 Nexperia Chief Legal Office名义发出的标题为"Global Legal Update:Trusted Communications"的邮件。公 司充分理解大家对于此事的关注以及上述邮件可能给大家造成的困惑，并就此特向大家作如下说明，以 正视听： 19日，安世半导体微信公众号发布《安世中国致全体员工》一文，全文如下： Announcement 我们感谢全体员工为公司经营和发展做出的努力和贡献。公司将依法依规维护自身权益，也希望大家继 续共同维护公司正常运营秩序。希望全体员工安心工作、团结一致、共克时艰！ 安世半导体（中国）有限公司 2025年10月17日 安世半导体（中国）有限公司上海分公司 安世半导体（中国）有限公司北京分公司 安世 ...

Core Viewpoint - The ongoing trade tensions between China and the U.S. are characterized by the U.S. imposing high tariffs and export controls, which are deemed ineffective for managing relations with China. China is enhancing its export control system as a legitimate exercise of sovereignty, urging the U.S. to adopt a rational and pragmatic approach to maintain global supply chain stability [1][2][3][4]. Group 1: U.S. Trade Measures - The U.S. has implemented multiple trade restrictions against China, including adding several Chinese entities to export control lists and expanding the scope of these controls, affecting thousands of Chinese companies [1][2]. - The U.S. has ignored China's concerns and continued to enforce measures against China's maritime, logistics, and shipbuilding industries, which has negatively impacted bilateral trade discussions and disrupted international trade rules [1][2]. Group 2: China's Export Control Justification - China argues that its export controls on rare earths and related items are necessary for national security and international obligations, particularly in the context of global peace and regional stability [2]. - The number of items on China's export control list is approximately 900, while the U.S. has over 3,000 items, indicating a disparity in the application of export controls [2]. Group 3: China's Response to U.S. Actions - China maintains a clear stance against U.S. threats, asserting readiness to respond firmly while remaining open to dialogue and cooperation based on mutual respect and equality [3][4]. - The Chinese government emphasizes the importance of maintaining a healthy international trade order and global supply chain stability, urging the U.S. to engage sincerely in dialogue [4]. Group 4: Public Sentiment and Future Outlook - A recent survey indicates that a majority of American respondents perceive the U.S. as becoming more protectionist, with many viewing protectionist policies as a significant barrier to trade [4]. - There is a strong public desire for reduced tariffs and increased trade liberalization, suggesting that the U.S. should align its policies with public sentiment to foster a more stable economic relationship with China [4].