Yup all the ingredients and secret sauce are there except for the power source, at least there is a roadmap, LPP in 2024 then SSMB in 2025/26, SSA800A and its future iteration will have to carry the load until then.
According to this article, Tsinghua’s EUV maglev wager stage passed acceptance test in 2021
And IF the economic situation worsen until 2026 then China have the chance to catch up, as capital expenditure of TSMC, Samsung and Intel doesn't justify the massive investment needed to stay ahead. I like the Chinese strategy, it was taken from Mao's book of encircling the city from the countryside, building base from old nodes then overwhelm them. Now I know why the CCP leadership are so calm and collected, they have put the American on the defensive, Like moving the enemy in the HuaiHai campaign putting them in a difficult spot.