The Dutch government on Wednesday said it suspended its intervention at Chinese-owned chipmaker Nexperia, following constructive talks with Chinese authorities.

"We see this as a show of goodwill," Dutch Economy Minister Vincent Karremans said in a statement, posted on social media platform X.

In a separate letter to parliament, Karremans said it had become clear Beijing now appeared to be permitting companies from European and other countries to export Nexperia chips, adding that "this is an important step."

The development appears to bring an end to a bitter dispute between the Netherlands and China, one that had prompted global automotive groups to raise the alarm over a worsening chip shortage.

The Dutch economic affairs ministry said the country considered it to be "the right

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