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piva00 | 6 days ago
They have a strategic goal which the government will support while at the same time letting competition do its thing, it's a step above from what other governments used to do with government-backed R&D that would eventually be developed by the private sector into products.
Not sure why other countries aren't adopting this model adapted to their own needs, seems very effective so far. Well, I'm not sure but have a big hunch it's the usual big business blocking it since it'd create more competition in a more level playing field.
seanmcdirmid|6 days ago
piva00|6 days ago
What do you mean? I'm talking about the CCP funding projects to increase yield for their fabs, not buying GPUs from NVidia...
alt227|6 days ago
https://en.wikipedia.org/wiki/Chinese_Communist_Party
Read the very first sentence.