Comments by "Winston Smith" (@kryts27) on "The Flawed Assumptions Behind China’s Big Semiconductor Fund" video.
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Xi Jinping, like Adolf Hitler, aims for industrial autarky (particularly in chip design, chip fab and in advanced microprocessors). You might question the obsessive aims that Xi has for this goal, which are highly likely to be very nationalistic and not to free market norms which now dominate in the international world of electronics. This technology is always changing and advancing anyway, so it's a singularly difficult thing to do under favourable political and economic circumstances, particularly under autarky. China governed by the CCP faces additional technology advancement challenges, more acute than under free market democracies, and that's in it's political environment of oppression at home and abroad, a copycat culture that downplays and undermines R & D, and corruption more acute than experienced in a political system with fair legal courts (democracies again). While it's true that the Soviet Union (under a similar government as China's) advanced further for a decade and a half in rocketry and space exploration in the 1950s and 1960s than competing democratic powers, this was mainly due to the exceptional technocratic powress of talented individuals such as Sergei Korolev (he languished 10 years in a gulag before his rocketry expertise was finally utilised by the Soviet government under Khrushchev). This is unlikely to ever happen under CCP China where the current high end chip technology is implemented by a complex technology supply chain, involving a number of democratic countries (e.g United States, the Netherlands and Taiwan) from the chip design to the chip fab.
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