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Zombie fabs plague China's chipmaking ambitions, failures burning tens of billions of dollars
(www.tomshardware.com)
this post was submitted on 10 Jul 2025
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I'd argue no state has any shortage of money, not only PRC. Financial capital in fiat systems is factually unlimited. The ability to direct it in areas of public interest instead of private financial capital's owners' interest is what the PRC has over many others. The real limits are the real resources that are needed for that industry and a major one is highlighted in the article - the lack of expertise. But this exercise, along with investments in higher education and pushing boatloads of people through it are building that real resource.
Yup. Previously.