ninalanyon · 61-69, T
People have been underestimating China's capability for a long time. I first visited China in 1986 and they already had home produced IBM PC clones in the factory where I was installing production equipment. Granted they had to use imported chips but it was clear to me that this was just the first step and that China would soon be producing more of the parts.
@ninalanyon They've been slowly catching up. The technology gap has definitely narrowed. It isn't bad news for Europeans. It's bad news for billionaires because they will no longer control market prices.


