There is to my mind a sort of race to get up to "fast enough to host H100 competitor AI hardware" with non-US IP that makes sense to engage in. In those terms, it looks like they're maybe 2 revs away -- I'm not sure what process node the KX7000 is on, but there's some architectural work to finish up. That said, this is interesting. I assume the chips will continue to improve from Zhaoxin, unless they lose their core team.
The behavior of the memory controller is wild to see in this day and age. You really don't want to see latency that high in general, but especially not for a client processor. I'd really like to see how it behaves with a reasonably powerful GPU in a CPU-bound gaming workload relative to the competition (to simulate what one of these might see in an internet café setting, for instance).
Power efficiency also seems truly dismal according to PCWatch: https://pc.watch.impress.co.jp/docs/column/hothot/1626253.ht... . In Cinebench MT, it's consuming about the same power as a Ryzen 5 5600G while delivering about 1/3 the performance, and the idle power is much higher than the Core i3-8100/R5 5600G to boot. That's not a huge issue for desktops, but it would not make a good foundation for a mobile system.
Overall an improvement versus past Zhaoxin efforts but people shouldn't kid themselves about the quality of the overall package here. There is a long way to go.
The breakaway ARM China or SpacemiT or Loongson could drop in an x86_64 frontend and might get better results.