That’s because they are serious about it. Chip fabrication will likely determine the victor of the next 25 years in world politics.
But they are buying mature-node equipment, says the article. That doesn’t mean shit other then more cloning and counterfeiting.
China started their high-speed rail network by buying German trains, today their trains are faster than Germany’s and their rail network is more extensive and cheaper.
They’re investing in education, every step of the supply chain, and their chip companies, and bringing in foreign experts and equipment to fill in any gaps. That’s how you get an advanced semiconductor industry.
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If it’s as simple as high-speed rail, the US can and will do it by themselves.
It’s been decades, if the US was capable of building a high speed rail network, they would have done it. We tried and failed. There’s 3 HSR lines, one of which doesn’t even average 60 miles an hour, but theoretically could do 180 if it wasn’t for the highways and NIMBYs.
Edit: There is 1 HSR line, the one in California is still being planned, and the brightline isn’t HSR.
China has no chance of winning against the US by this way
Every year they close the gap by spending hundreds of billions on schools and infrastructure, while we spend hundreds of billions on prisons and bombs.
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