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Chinese CEO Fired European Executives and Transferred Banking Powers to Suspicious Individuals: Inside Europe’s First National Security Seizure of a Chinese-Owned Chip-Maker

The Dutch ruling exposes internal warnings of “deep concern,” unexplained financial transfers to Chinese affiliates, and the firing of senior European executives at a key semiconductor manufacturer.

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Sam Cooper
Oct 14, 2025
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THE HAGUE — The Dutch government has released court documents detailing the explosive national-security seizure of a Chinese-owned semiconductor firm, revealing that CEO Zhang Xuezheng fired senior E…

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