What "prized industries" are still there other than automakers? They're already boned, they just haven't accepted it.
China now leads the world on R&D and hard science, and is already making strides in chip design and chip making. How far off do you think a Chinese ASML is? Two decades at most? Or more like one?
And what would be the solution? I think we've all learned that protectionism doesn't work.
What "prized industries" are still there other than automakers? They're already boned, they just haven't accepted it.
China now leads the world on R&D and hard science, and is already making strides in chip design and chip making. How far off do you think a Chinese ASML is? Two decades at most? Or more like one?
And what would be the solution? I think we've all learned that protectionism doesn't work.