China's plans for greater self reliance are facing increased pushback from overseas.
A semiconductor wafer fabrication facility. Semiconductor production is one area where China is expected to fall short of its Made in China 2025 production targets. Credit: Picryl/Library of Congress
Newport Wafer Fab, a microchip plant based in Wales, has a potential buyer that is making the British government nervous — the Chinese-owned semiconductor maker Nexperia. In fact, the possible sale of this small company with just 450 employees is worrisome enough for U.K. Prime Minister Boris Johnson to have ordered a review on national security grounds.
The U.K.’s concerns are the latest example of the way foreign governments have grown suspicious of Chinese companies shopping for domest
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