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How? They need Nvida’s chips
Not for much longer.
China builds things more efficiently-
Just look at their power generation success.
Including nuclear.
The west and its neoliberal lunacy financialised itself to death.
Empires are built upon engineering ~ the CCP politburo are 80% engineers.
Making power doesn’t mean they have the expertise to build chip factories. If they could they wouldn’t care about Taiwan
Also the same reason why China is trying to buy planes from Boeing. Their planes can’t compete no one wants to buy them
Peter Hessler wrote an excellent book about Chinas industrialisation.
Its called 'Country Driving'.
Read it and learn!
Most westerners seem totally unaware of Chinas economic and development and how it works.
It is focused on engineering and a large dose of patriotism.
Look at the engineers in most workplaces and corporates today- a lot of them are Chinese.
China is absolutely teeming with engineers designing and building...80% of the poliburo are engineers.
The west still has a narrow lead in some areas like the best chips but China is closing in fast.
I do not say this to champion China but to simply acknowledge the reality we in the west face as so many are in denial and that denial is imo, dangerous and foolish.
China has won the trade war.
USA is seeking to use military aggression in response to cut of Chinese energy supplies and use of Yuan in defiance of the petrodollar.
At the same a big bet on AI by the US, hoping to counter its loss in mercantile trade dominance has split US stocks.
Industrial stocks and infrastructure are in continued decline.
Hormuz could be the US empires equivalent of the Suez Crisis where Great Britain finally lost the British Pounds global dominance in trade payments due to being exposed as no longer able to dominate and control vital shipping routes.
Given AIs huge demand for electricity, and the importance of electricity in the post industrial economy China has a significant advantage in the AI race and the post industrial economy.
https://m.stacker.news/141259