00:00China has lifted export controls on chips made by Dutch company Nexperia for civilian use.
00:07The move announced by China's Commerce Ministry is expected to ease shortages for carmakers and suppliers who had feared supply chain disruptions.
00:17Beijing first imposed the export ban after the Dutch government took control of Nexperia to block sensitive technology from reaching its Chinese parent, Wintech.
00:26China, in lifting the restrictions, did not define what counts as civilian use, but deliveries to German and Japanese companies have reportedly resumed.
00:35Nexperia makes basic chips used in automotive electrical systems.
00:40While based in the Netherlands, about 70% of its chips made in Europe are sent to China to be completed and re-exported to other countries.
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