EUV lithography is hard. So hard that only one company in the world can currently make the machines, ASML. They combine the products of other companies (like Zeiss for the optics) into the final machine. China would have to make massive advances in a whole range of technologies in order to make one. It doesn’t matter how many highly educated folks they can throw at a problem if they haven’t got the technology and manufacturing infrastructure to build on.
Don’t forget, it was fairly recently that China reached the point where they were able to make sufficient good ball points for pens, removing the need to import them. Even their “7nm” chips that they recently announced were created using imported DUV machines (and are probably too expensive to be viable due to the number of multi-patterning steps needed).