What an optimistic view! Hope his all-in investment in China can survive.
By his reasoning, all Chinese companies can be world top ones. He ignored the facts that Chinese stealing, copying IPs, and forcing foreign companies invested in China to transfer technologies to China played major roles in her super fast economical growth. Those illegal methods are not going to be easy any more.
According to APS Asset Management founder Wong Kok Hoi, SMIC could potentially match TSMC's trillion-dollar market value despite current technological barriers.