Following the thoughts I had previously, where I was trying to convince people that China is rapidly becoming an economic and technical competitor:
A new study of worldwide technological competitiveness suggests China may soon rival the United States as the principal driver of the world’s economy — a position the U.S. has held since the end of World War II. If that happens, it will mark the first time in nearly a century that two nations have competed for leadership as equals.
The study’s indicators predict that China will soon pass the United States in the critical ability to develop basic science and technology, turn those developments into products and services — and then market them to the world. Though China is often seen as just a low-cost producer of manufactured goods, the new “High Tech Indicators” study done by researchers at the Georgia Institute of Technology clearly shows that the Asian powerhouse has much bigger aspirations.
That’s pretty much what I’ve been saying – many people have not updated their information and are living in the past of 11 years ago, when China scored a 22.5 on technical competitiveness. Now they have a score of 82.8!
And the US? A measly 76.1.
