> finalised more than $11bn in grants and loans to support the company’s US chipmaking plans, as the White House pushes to distribute subsidies before Donald Trump takes office.
Clarity of purpose and long term focus. They want to be the indispensable industrial nation, and they are willing to make sacrifices to make that happen. They have kept this focus for decades. They have the lions share of capacity in multiple crucial layers of the industrial supply chain, from refining ore to manufacturing products, and they're on path to do the same with batteries, solar panels and electric vehicles.
Conveniently, these are also all the inputs to a late 21st century war machine.
https://archive.is/Oltyw
> finalised more than $11bn in grants and loans to support the company’s US chipmaking plans, as the White House pushes to distribute subsidies before Donald Trump takes office.
This is why I figure China wins this cold war.
Why?
Clarity of purpose and long term focus. They want to be the indispensable industrial nation, and they are willing to make sacrifices to make that happen. They have kept this focus for decades. They have the lions share of capacity in multiple crucial layers of the industrial supply chain, from refining ore to manufacturing products, and they're on path to do the same with batteries, solar panels and electric vehicles.
Conveniently, these are also all the inputs to a late 21st century war machine.