BBCNEWS Asia Business Report June 4, 2024 00:33:00
The cac, the cyberspace administration in china is saying we have seen some security risks, but we coloured claim what they are. we are about to get a tap on the us side when the smt, a leading maker of other chips in china, which would be the biggest beneficiary of micron pulls out of china, we are seeing mike gallagher come in and say, we should actually be restricting them as well. so now we have this tit for tat on chips. we are trying to de—escalate. the idea is to drive down the tension so we don't continue with a chip war and hopefully we will make progress but right now this is a sid...