| The chinese govt is indeed throwing their weight behind developing a local semiconductor industry capable of rivaling TSMC. They are making heavy investment in SMIC for example. However, at the same time, unfortunately the Chinese government doesn't play fair, and they are ramping up state sponsored industry espionage and hacking of American and Taiwanese semi-conductor firms to speed up the process. This best describes China's perspective towards "technology acquisition" “They want technology by hook or by crook. They want it now. The spy game has always been a gentleman’s game, but China has taken the gloves off,” said John Bennett, the special agent in charge of the FBI’s San Francisco office, which battles economic spies targeting Silicon Valley. “They don’t care if they get caught or if people go to jail. As long as it justifies their ends, they are not going to stop.” See: https://www.wired.com/story/chinese-hackers-taiwan-semicondu... https://www.reuters.com/article/us-basf-espionage/basf-worke... https://www.wsj.com/articles/taiwans-technology-secrets-come... https://www.theatlantic.com/politics/archive/2019/08/inside-... https://www.latimes.com/politics/la-na-pol-china-economic-es... https://www.justice.gov/opa/pr/prc-state-owned-company-taiwa... |
Until the general U.S population realizes that china's end goal is to eat them alive and unanimously supports putting china in its place, nothing will change and by then I fear it will be to late.