Somebody needs to build cutting-edge node fabs given the rhetoric from China in the past few days regarding forced "reunification" with China.
China can just bide its time they will be the biggest economy at the end of the decade that will psychologically change the world so much regarding the West and Asia. You can already see a disconnect between western and Asian elites/diplomats view on China and the Region. Why Western ASEAN anti-china recruitment the last few years failed really hard.
Does this take into account China's demographics? Will be to able to 'grow rich before it grows old'?
China can always play the Asian immigration card. To soften the blow of a graying demographic.
It looks to me that Tibetan scripts and languages, Mongolian scripts and languages, etc are better preserved than over the border in India and Mongolia.
Yes there are also plenty of examples where they tear down a cultural site. Yet I think there is a fundamental difference between western and Chinese interpretations of such acts. Western societies have developed a sort of mythical worshipping of traditional ethnic culture. To the Chinese, to whom development and modernization have come late, development and modernization is number 1: there is no pride in living a traditional, ethnic life if that means being in the middle of poverty. Some sites are torn in the name of development. See this discussion from 1999, back when the China topic wasn't so politicized: https://www.theatlantic.com/magazine/archive/1999/02/tibet-t...
You've been drinking the koolaid. Tibetan as only been preserved through a heroic effort to smuggle books over the border to Nepal and India for preservation and duplication.
In the mean time, a large part of the Tibetan separatist diaspora in India have lost the ability to read, write and speak Tibetan; and outer Mongolia has only recently begun their efforts to restore traditional Mongolian script, after decades of using Cyrillic.
It essentially gives them tremendous power over the world. All they have to do is threaten to shut it down, or ban exports to the west, or put very high tariffs on them. In addition to gaining all IP from customers. What do you think that will do to all companies that rely on cutting edge TSMC nodes such as Apple? Tesla? Nvidia? These new plants won't likely be putting out M1 chips, etc., the cutting edge fabrication is held physically in Taiwan. It would be a great way to collapse the economies of the world as you are rising, if one were aiming at doing such a thing.
I find all this decoupling rhetoric/fear very weird and contradictory. On the one hand people say we should decouple from China, on the other hand we fear decoupling from China and we get furious when they initiate decoupling (see Australian trade). In the mean time actual Chinese officials keep saying that a trade war benefits nobody and keep calling for rational decision making.
Time is on China's hand, Taiwan and south Korea should be worried about their so called ally the US stealing their tech. Because without TSMC what is Taiwan for the west a annoying island that we need to backstab some time in the future like the western backed regime in Afghanistan. At the end of the day its just business.
China might become number one in GDP (PPP) in a decade, but that also assumes continued growth at the current rate. China is overdue for a recession, as they need massive restructuring of the economy to shift away from an export driven economy and to pop its housing bubble (which does drive GDP growth now but not in a way that actually makes the country wealthier)
Why do you think Xi Jinping is doing such massive reforms right now? And clamping down harder on dissent and access to information and culture that’s not in line with CCPs agenda? He knows what’s coming, and to an extent he’s accelerating it with new lending restrictions and such. He knows it’s necessary.