[dgudkov]

> And jet engines do not have any lower-tier market with underserved demand

They actually do. The segment of small jet-powered (military) drones is rapidly growing and isn't served by the big jet engine manufacturers.

[lonelyasacloud]

If there was ever a sector where the Chinese ability to cost effectively churn out good enough then drone applications are it.

Getting a handle on how nations are doing for jet powered drone is a bit tricky because of limited data available for what is primarily a military application. But, if we take model aircraft applications as proxy, then my understanding is that the Chinese company Swiwin (est. 2013) is already undercutting everyone else.