They likely are; china surpassed us technologically about 5 years ago. They just don’t export the good stuff. Source: I travel to china a LOT for work… its like going to the future.
There’s huge investment in domestic semiconductor manufacturing in China, but they’re certainly not ahead of the West yet. Or even on par. If they were we’d see them exporting semiconductors and not buying from foreign companies, yet they still do. I work as an electrical engineer in the semiconductor industry and also visit China for work. We all know that our jobs are doomed in 5-10yr, but for now their domestic semiconductor industry simply isn’t able to compete.
They likely are; china surpassed us technologically about 5 years ago. They just don’t export the good stuff. Source: I travel to china a LOT for work… its like going to the future.
There’s huge investment in domestic semiconductor manufacturing in China, but they’re certainly not ahead of the West yet. Or even on par. If they were we’d see them exporting semiconductors and not buying from foreign companies, yet they still do. I work as an electrical engineer in the semiconductor industry and also visit China for work. We all know that our jobs are doomed in 5-10yr, but for now their domestic semiconductor industry simply isn’t able to compete.
The future is bleak. China is not a nice place to live.
Depending on where you are in China, I agree. But the benefits are very unevenly distributed.