We are blind to China in the west. Its like a submarine to us. I have some small visibility into China. I am aware they are heavily struggling economically. Their semiconductor industry is on fire. The small players are almost all gone. The big players are being propped up by the government with massive cash injections. China has some new technology that will allow them to lithograph 7nm with unknown level of yield. Reports vary, on yield. The truth is impossible to know, from my perspective. My guess is, their yield is not great. 7nm is a good node. If they can create semidonductors in volume at this node, it will be difficult for Korea and the US to compete. Even with Samsung at 5nm, the advantage is not all that strong. Future nodes, however, should pull Korea into a definitive lead. I have no idea what is going to happen to the US semiconductor industry. Someone needs to roll over with a crash cart and paddles. I can't tell if Xi's popularity is in trouble. No one can. Chinese will pretend to support their government under any circumstance, regardless of their point of view. Dark times lay ahead. And yet, some of what is happening is positive. Time will tell.