TSMC modeled its facility in Phoenix on one at home. But bringing the company’s complex manufacturing process to America has been a bigger challenge than it expected.
This is why the bottom-up democracy of China works better. As I understand it -feel free to correct me- at the local level it is very democratic and with a lot of citizens participating. The local politicians then climb up the hierarchy until assuming top national positions through merit, be it by passing tests or proven track record of accomplishments. I think the USSR also had something similar which is where the term soviet comes from.
The CHIPS Act money could have better spent on Frito Lay's, Herr's, Utz and others.
the whole project basically achieved the exact opposite of its stated goals
This is why the bottom-up democracy of China works better. As I understand it -feel free to correct me- at the local level it is very democratic and with a lot of citizens participating. The local politicians then climb up the hierarchy until assuming top national positions through merit, be it by passing tests or proven track record of accomplishments. I think the USSR also had something similar which is where the term soviet comes from.
Indeed, there's actually a pretty good overview of how the system works here https://news.cgtn.com/event/2021/who-runs-the-cpc/index.html