you make excellent points, it's just the humor of it to not even pretend to make it look different. I wouldn't count them out. china had the world's largest economy for centuries. The Kirin processor has a lot of potential, and if they are incentivized to make it competitive-it will be.
Just a point of reference to really bad US policy, when they came up with "punishments" on trade for China, all that accomplished was to energize the world's largest country to get more competitive. so get ready for it, china will be surpassing us in technology in a few years.