How can this give better performance (if that is what the numbers indicate) with half the transistor count? Why is it still using 300 w when it is on 7nm?

Is it "China" or "Chinese Company"? The title makes it sound like the Chinese government is making GPUs.

There is no big distinction to be honest.

According to Qichacha https://qcc.com/firm/4a0e6ef00bf5a6a7bc465cc7ae7b6b24.html , their largest shareholder with ≈14% ownership is 大征 a.k.a. Centurium Capital https://www.centurium.com/en/

Hmm, I was thinking of Zhaoxin.