Comment by seanmcdirmid

China is still a few decades from commercially viable high end semiconductors. Yes, they can subsidize poor yields, but it doesn’t really bring them closer to figuring out the problem (they basically need to experiment a lot, and that will take time even if the money is there). China was always going to do this, they announced they were going to pour billions into semiconductors and modern jet turbines more than a decade ago. The trick is ensuring the money isn’t siphoned off to corruption.