It's not just a normal market - China may see this as essential to its ability to develop its technology. It's Made in Chine 2025 policy.
That's taken on new urgency as the west has started cutting China off from western tech - so it may be normal companies wanting some insurance in case intel / arm cut them off (trade disputes etc) AND the govt itself wanting to product its industrial base from cutoff during trade disputes.
It's not just a normal market - China may see this as essential to its ability to develop its technology. It's Made in Chine 2025 policy.
That's taken on new urgency as the west has started cutting China off from western tech - so it may be normal companies wanting some insurance in case intel / arm cut them off (trade disputes etc) AND the govt itself wanting to product its industrial base from cutoff during trade disputes.