it's most likely just another form of "Corporate Welfare" with "strings" attached to "solve" a problem that may very well be directly related to government regulations and policies in the FIRST place...
"Doing like China" (government money and interference in private business) is NOT how you COMPETE with China.
I suspect that one of the biggest cost savings "over there" comes from the ability to do things _LIKE_ dumping all of that toxic waste "over there"... (not saying to grossly pollute, which NOBODY wants, but making it easier and less expensive to dispose of such things that are necessarily a part of fabricating semiconductors, as an example, re-processing and transporting the stuff being two major parts of this)
icon, because, facepalm