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China spent more on chipmaking equipment than South Korea, Taiwan, and the U.S. combined — $25B in investments in the first half of the year | Tom's Hardware(www.tomshardware.com)

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cross-posted from: https://lemm.ee/post/41305880

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Juice@midwest.social
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Who are they in debt to? Mostly their own state-controlled Industries. So when China is 1 trillion in debt to their productive capabilities they are failing, but when the US is 35 trillion in debt to international finance capital (via the federal reserve) that’s a healthy economy.

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