News China investigates whether CHIPS and Science Act harms its chip companies

Fair enough… this is just tit-for-tat response to US investigating Chinese companies for receiving financial assistance and calling it unfair even though those companies do have CapEx and made significant investments likewise. So IMO, the CHIPS & Science act are in the same ballpark.
 
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Last year wasn’t it Chinese companies flooding the market with legacy chips cheaper than others could produce? It’s a problem now that somebody else did it?