@lupyuen this also shows how difficult it is to actually run a WOFIE (a foreign invested entity) as legally you have a minority stake and need to rely on local agency to do anything here. It is a means they say to prevent disruption, like bankruptcy, but it is more about control and allow supervision.

@lupyuen

"Chinese investors, including those backed by the state, have hoped that Arm China could achieve its own breakthroughs and contribute to the national goal of achieving self-reliance in semiconductors"

https://asia.nikkei.com/Spotlight/Caixin/In-Depth-How-SoftBank-wrested-back-control-of-Arm-China