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I’ll believe this psyops and propaganda when this list has Chinese companies with valuation more than the NW of a few American CEOs

https://companiesmarketcap.com/

A more likely explanation is that articles like this are put out to justify not investing in American education, or hiring Americans

"China’s Tsinghua University is outperforming U.S. Ivy Leagues in generating AI-related patents and top-cited research papers"... generated by LLMs? :)