China criticizes the $52B CHIPS Act, saying the legislation violates fair market principles and targets Beijing’s efforts to boost its domestic chip industry (Bloomberg)

China criticizes the $52B CHIPS Act, saying the legislation violates fair market principles and targets Beijing’s efforts to boost its domestic chip industry (Bloomberg)

Bloomberg:
China criticizes the $52B CHIPS Act, saying the legislation violates fair market principles and targets Beijing’s efforts to boost its domestic chip industry  —  China lashed out at a $52 billion program to expand American chipmaking, saying the landmark blueprint contains elements …