[rasz]

China has one of the older ASML DUV machines, they got it thru a scam :o) and proceeded to pawn it for $90mil to a local bank for a quick scam exit https://chinatalk.substack.com/p/billion-dollar-heist-how-sc... https://interconnected.blog/chinas-semiconductor-theranos-hs...

but even non scam Chinese initiatives are failing https://techtaiwan.com/20210714/tsinghua-unigroup-bankruptcy...