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I am very hopeful of CXMT. But then then it could take a while for them to ramp up production. Maybe by then, the AI bubble would've burst.

One problem with US sanctions is it could hurt US companies too, like in the case of cutting-edge EUV and CXMT. This is when China is actually a hero and not a villain.

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We can certainly do with less plastic junk and fast fashion. But on the high end it hard to argue that cheaper Chinese products are ever a bad thing.

If corporations in western (aligned) countries stopped feeding sovereign wealth funds and private equity with profits and actually invested something maybe they could compete with China more closely, even with whatever shenanigans the CPC get up to with state support.

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