I can't tell if this is sarcasm or not. I'd argue it's more the result of the CCP bankrolling the Chinese electronics industry to the point where roughly 70% of all electronics goods are produced in China. The concentration of expertise and supply chains is staggering, and, imo, was really born out of geopolitical strategy.
YetAnotherNick|2 months ago
Ray20|2 months ago
But we don't see this bankrolling in absolute values. Rather, it's due to regressive taxation, low (cheap) social security for workers, and very weak intellectual property protection.