Commentary China is about to acquire ownership of Britain’s largest computer chip design and manufacturing facility (known as a “fab”) for the low price of $87 million this week, according to CNBC sources. As is typical in such deals, Beijing seeks control over the fab, and as much of its technology as possible, through gradualism and layers of front companies. In selling the fab, the UK is not living up to its responsibilities as a democratic ally. “This transaction highlights the need for the UK to more closely coordinate investment reviews with the U.S. to align our security interests,” wrote Michael Wessel, Commissioner on the U.S.-China Economic and Security Review Commission, in an email. “The UK needs to be a strong partner in addressing China’s efforts to dominate critical supply chains.” British allies, like the United States, Italy, and South Korea, all of which have put the breaks on fab …