>> US companies can’t beat Chinese companies completely subsidized by their national government.
> Except our companies do just that, all the time. Who is the Chinese Intel? The Chinese Microsoft? The Chinese Boeing? The Chinese NVIDIA?
Where are the new ones?
Also Intel is not doing well, and the Chinese (after a fashion) Intel is TSMC, who also does NVIDIA's manufacturing.
> People forget that the US is still the #2 manufacturer in the world, and that's (apparently) without halfway trying.
So? That fact sounds like pablum. I think the real story of US manufacturing has been one of erosion of capabilities and long-term loss of strength. The US may still have a high ranking, but I'd bet: 1) much of that of that is low-volume and legacy, 2) second-place is still only 60% of what China does.
> People forget that the US is still the #2 manufacturer in the world
Manufacturer of what, exactly, though?
What do you export? What do you sell?
Food? Nope, illegal in most of the world.
Cars? Nope, uncompetitive in most of the world. "High end" American cars lack even basic features fitted to poverty-spec cars in the EU, like heated windscreens.
Computers? I'm typing this on a computer assembled in Scotland onto a Latvian-made chassis using a Chinese-made motherboard populated with Korean memory chips and an Israeli microprocessor.
What does the US actually make and sell, any more?
Zhaoxin makes X86 and countless make ARM and RiscV chips. SMIC being a foundry.
> The Chinese Microsoft?
Baidu, Tencent, Alibaba, ByteDance.
>The Chinese Boeing?
Comac makes passenger and Chengdu fighter jets.
>The Chinese NVIDIA?
Huawei makes AI GPUs.
>People forget that the US is still the #2 manufacturer in the world
Considering the US never had its industry blown up in any war and could reap the benefits of 150+ years worth of stability, higher education, skilled immigration, compounding wealth, and taking over the vacuum and brains of Europe's post-war industrial powers, that's not really something THAT impressive.
>and that's (apparently) without halfway trying.
If it isn't halfway trying, why does it feel the need to sanction or ban chinese competitors?
People forget that the US is still the #2 manufacturer in the world, and that's (apparently) without halfway trying.