It’s not just Chinese tech companies that are facing difficulties with China’s ruling party. Take Nvidia’s $40 billion takeover of chip designer Arm. While China’s competition regulators have been talking to the two companies since early this year, the agency’s formal review hasn’t even started yet, according to people with knowledge of the process.
The longer-than-expected delay is the latest indicator of the challenges facing tech deals in China amid the ongoing trade war with the U.S., especially deals involving politically sensitive, strategically important industries such as microchips.
