"China has spent massive amounts to create very low-priced electricity at a rate several times the U.S. pace. It has built massive dams. The best example is the Motuo Hydropower Station on the Yarlung Tsangpo River in Tibet. No other nation could build a colossal project so fast. And China has extraordinary solar power supply. Do the large Chinese artificial intelligence (AI) companies pay for these? No. The central government largely does."
"Next, China creates a science project like the one America did when we built the atomic bomb. The nation's best scientists all work on one project: chips that rival those made by Nvidia Corp. ( NASDAQ: NVDA). Reuters calls it China's Manhattan Project. The news service reports, "Chinese scientists have built what Washington has spent years trying to prevent: a prototype of a machine capable of producing the cutting-edge semiconductor chips that power artificial intelligence, smartphones and weapons central to Western military dominance.""
"Finally, China creates extremely advanced AI products, like those from Alphabet Inc. ( NASDAQ: GOOGL) and OpenAI, which it then dumps into the market. The latest versions include DeepSeek-V3.2, which anyone in the public can use, and DeepSeek-V3.2-Speciale, which is more for tech business operations. Chen Fang, a Chinese engineer who worked on the project, said, "People thought DeepSeek gave a one-time breakthrough, but we came back much bigger," according to VentureBeat."
China has created very low-cost electricity through massive dams and solar, exemplified by the Motuo Hydropower Station, funded largely by the central government. The state mobilizes top scientists in a Manhattan Project–like effort to produce semiconductor chips comparable to Nvidia's, with reports of prototypes that could make cutting-edge chips. Much technology appears to have been appropriated from Western firms. China develops advanced AI products such as DeepSeek-V3.2 and DeepSeek-V3.2-Speciale and introduces them broadly, leveraging concentrated talent, centralized funding, and market dumping to accelerate capability and global competition. Experts with product access generally assess the claims as credible.
Read at 24/7 Wall St.
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