China has huge almost limitless wealth and they love to subsidies their own people, i think they have the most emerging millionaires / billionaires in the world currently? They also provide services around the world in return for access to natural resources they dont have themselves.
Now dont for one minute think Chinese fabs are going to be the best thing since sliced bread however, China has some of the worst health and safety issues in the world lol. They may make aload of Fabs and churn out a ton of memory chips, but they will probably lose tens of thousands of their populace doing so
Id go as far to say China are probably the most powerful country on the planet now, why do you think everyone wants to be their friend, and Trump hasnt blown up NK yet? China....