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Even if that's true, don't forget that the semi-conductor companies that are backed by the US are already state-of-the-art and profitable companies. China has
by tinco 3y ago
Even if that's true, don't forget that the semi-conductor companies that are backed by the US are already state-of-the-art and profitable companies.
China has to establish a de novo industry, it's not surprising that to do that quickly and effectively it would require ten times as much funding.
- nabla9 3y agoTrue. China pays for technology. US pays for location.
- thiago_fm 3y agoNever doubt what China can achieve with 6.5 days of workweeks and pseudo-slavery work, as well as subsidies and currency manipulations. Just look how they managed to scale up their car manufacturing business so quickly, now they can probably make enough cars to supply 100% of the world's demand, if they had appropriate demand. What I wonder is why the world didn't cut their ties with China faster, as they are clearly killing the competition by playing a very unfair playbook. Only when China finally respect other countries by letting its population be real consumers, and also treat their population with dignity the west should be willing to talk with them.