I'd been mulling over this myself, and I've arrived at 2035 being the optimistic estimate and 2040 being the more cautious one. This is basically napkin maths, but I'm interested in hearing other people's opinions on timeframes versus my own speculation.
Acute geopolitical events aside (which are unpredictable over a 10-15 timeframe anyhow), I believe China is waiting for maturation of key civilian industries and military systems as a prerequisite for Armed Reunification due to consideration of worst-case assumptions.
There worst-case assumptions are:
The key prerequisites for AR are namely:
- AR would cause complete Western bloc military intervention
- AR, regardless of outcome, ends the post-WW2 world order and thus China's current economic trend of sustained, smooth growth
Semiconductors and AI, along with other technologies like sustained nuclear fusion for cheap energy, are critical for the 4th Industrial Revolution and the immense productivity benefits it brings. This is a prime chance for China to leap ahead of the Rest of World (ROW), like Britain did with the 1st Industrial Revolution. China's EUV prototype is currently nearing completion but hasn't produced chips yet, which places it around 2010 of ASML's EUV project that reached mass production in 2019. So, 9 more years from now until Chinese EUVs start mass production, and then 5 more years to finish scaling with multiple EUV foundries established and Chinese chips flooding the high-end market worldwide. That's 2039.
- Semiconductors and AI
- Next-gen air force
- Carrier fleets for blue water ops
Next-gen military air force structure, including 6th-gen fighters for tactical overmatch, KJ-3000 and co. for comprehensive anti-stealth, and H-20 for affordable long-distance strategic strikes are all crucial for overmatch in peer conflicts and would ultimately be the weapon that determines the new world order. Chinese 5th-gen broke cover in 2011, achieved IOC in 2017 and reached FOC with military significant numbers (equal numbers of J-20s to F-22s) around 2022. So, for 6th-gens the extrapolation is 6 more years until J-36/50 achieve IOC and then 5 more years until there's enough military mass. That's 2036.
Aircraft carriers, especially CVNs, are necessary for global power projection. While not necessary for AR, we can expect a war over Taiwan to be a spark leading immediately to chaos and opportunities worldwide. Should China win regionally (i.e., AR), then it would strongly benefit an existing fleet of CVNs capable of true blue water ops to immediately seize opportunities and and set a new world order. Type-003 Fujian was laid down in 2017, launched in 2022, IOC in 2025 and likely FOC in 2027, which is 10 years. The first CVN (likely a testbed like Type-001 and Type-003) is under construction and won't be finished until 2028, at which point the improved CVN slated for mass-production should be laid down, and likely multiple concurrently. So, it will be 10 more years since then for their FOC. That's 2038.
Based on China's tendency towards caution, I'd say 2040 is more likely. The centenary of both the People's Republic and the end of Century of Humiliation is still 9 years away, in 2049. A rough date of 2040 for armed reunification leaves a buffer of 5-9 years for prerequisite delays or a protracted total war (for reference, WW2 was 6 years).
The Reuters report said the target for the first Chinese EUV chips is 2028, but that 2030 is more likely. Then add a few years to work out the bugs and scale up production.
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Also remember that you can use DUV machines to make chips, but you just need more chips (and electricity) to get the same performance.
Last year, NYTimes was reporting that SMIC's de-Americanised fab had gone past pilot production, presumably using Chinese DUV machines. There is currently a ~3? year stockpile of ASML DUV machines in China, so my guess is that in 4 years time, we'll see a lot of Chinese DUV machines being delivered.
Bernstein also project that in 2028, China's overall AI semiconductor production will catch up to Chinese demand, and China will become a net exporter of AI semiconductors. I think this is because most future AI applications will be used in embodied products (like a $5K Unitree humanoid robot or $10K electric vehicle) and can't justify NVidia chips that use EUV and cost thousands.
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My read of the military balance is:
~2030: At a minimum, China capabilities would be able to impose an air-sea blockade of the 1IC relatively easily (including Japan and the Philippines). But I think air-sea superiority is more likely.
~2035-2040: China will likely be able to win blue-water naval-air battles in the 2IC, and be able to seal off the Western Pacific. (Currently the US can hope to resupply Taiwan, along with Japan and the Philippines). If the US recognises this, then an armed reunification will not be necessary, and there will likely be a negotiated settlement like Hong Kong.