Under which legal system? I thought that China was generally able to influence who owns domestic companies pretty much at a whim by nationalizing them, and that

Under which legal system? I thought that China was generally able to influence who owns domestic companies pretty much at a whim by nationalizing them, and that chip manufacturing seems like something that many countries might consider nationalizing based on how expensive they are and how critical they are. Although it seems convoluted enough that if it's not truly critical things get left alone. But chip fabs are probably critical enough that they won't get left alone.