China’s breathtaking transformation into a scientific superpower

in #china7 years ago (edited)


A Washington Post Article to be read, so no one get surprises. USA may loose STEM Supremacy in the near term

China has become the second- largest R&D spender, accounting for 21 percent of the world total of nearly $2 trillion in 2015. Only the United States, at 26 percent, ranks higher, but if present growth rates continue, China will soon become the biggest spender. From 2000 to 2015, Chinese R&D outlays grew an average of 18 percent annually, more than four times faster than the U.S. rate of 4 percent.

https://www.washingtonpost.com/opinions/chinas-breathtaking-transformation-into-a-scientific-superpower/2018/01/21/03f883e6-fd44-11e7-8f66-2df0b94bb98a_story.html

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