I entered automated manufacturing out of College 25+ years ago. I have spent my whole adult life being told the Chinese were going to take over the industry. You know what they can make? Only stuff that come Western CEO sold out to and handed over the designs, made on machines they bought from the Germans or Japanese.There have been some analyses that say the recent rather extreme and continued expansions into advanced chips the Chinese never made before
has only hurt and permanently hobbled US technology companies , thus the Mr.T Era tarriffs followed by the current technology sanctions to block Russia have only motivated the Chinese to make their own chips
My view is it was a forgone conclusion and our tarriffs and sanctions likely did nothing besides slightly delay
The last country I fear is China. There demographics are terrible on top of it, and even there supposed friends don't like them. I believe there the boogeyman TPTB warn us about to keep us peasants in line.
Now if you told me the Indians or Indonesians or someone like that was going to leapfrog, I might believe it.