China's Tech Ambitions Threatened by US Chip Controls and Retaliatory Measures.

China is investigating Micron as it seethes over US efforts to cut off access to technology for advanced computer chips, which it sees as crucial assets in its strategic rivalry with Washington and efforts to gain wealth and global influence. However, China is struggling to figure out how to retaliate without hurting its own ambitions in telecoms, artificial intelligence, and other industries.